wait for breakdown and pullback
The purple shaded zones are important resistance or support level.
If usdjpy break a new high or test the previous high 112.8 in this week, we can short it with stop loss above 113.4 with target 111 and 108.
Blue area is the resistance zone watch for reversal signal and enter your short positions. stop loss above 1.186
short it if it cannot break new high stop loss above previous high 1 .3275
EURJPY breakdown neckline support 128.62 and retest. Therefore, we can short now with stop loss above 129.2 and target 127.7
RSI MACD both show bullish divergence which means gold is oversold right now. It's time to enter some long position.
After a huge plunge in May, EUR/AUD bounced in June and formed a rising wedge pattern. The blue area represent the heavy resistance zone.* *Why is it a resistance zone? 1. 0.618 fib retracement of the great plunge from 1.6195 to 1.52700./ 2. Neckline of the double top There are two scenario I think EURAUD may go on Monday. 1. EURAUD may rise until reaching...