UnknownUnicorn189789
We see that the GBPJPY is in the ascending triangle which gives us a signal to buy at a break out of the top of the triangle. The RR ratio 1:1. TP will be somewhere in the are 149.5
On the chart we can see that Monthly shows us Bullish movement but on a shorter timeframe like Weekly or daily its a a bearish movement
As the pair broke our trend line we are expecting to retrace and continue to fall
EURUSD according to our technical analysis should move higher all the way to 1.2 level
AUDUSD touches strong support level of 0.707 our prediction is that the pair will go long up to 0.757
GBPNZD on the 1H chart shows the flag pattern which may continue the downside movement on the breakout of the flag. Ration is 1:1. As soon as the candle will close bellow the line, it is a signal to sell the currency
AUD/NZD closed with doji and it shows the opportunity of continuation the currency to go long to the strong 1.14 level
GBPNZD shows indecision candles for the last few trading sessions, it might be a signal to have potential bearish movement if breaks the previous low of the last doji. Risk reward 1:2 is a good proportion, will hold the position for the next few days and will try to find better entry point to go short
GBPUSD touched a strong support 1.59 level and last candle stick closed with kind of doji, the breakout of that candlestick will bring our chart to the 1.568 and then 1.54
Bearish engulfing candle shows a strong tend to short the pair
GBPAUD closed with a doji on previous session, expecting to go long on the break out of the daily candle
AUDUSD daily closed with kind of doji and it's on the 0.382 fibonacci level, expecting to go short on the break out of that candle
On the chart we can clearly see the bearish engulfing on the daily chart the break out of the 0.93th level with bring us to the next pivot point at 0.916
GBPNZD on a daily chart formed ascending triangle, which means on the break out 2.146 level it might continue going up all the way to 2.21 level
On the daily chart GBPJPY closed previous day with an indecision candle which gives us a sign on the break out of that candle to go short
Previous day AUDJPY on daily closed with bearish engulfing candle, means we are expecting the bearish movement to the 93.5 level, will go short on the break out of the previous candle on the level 94.5