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since May 4, 2017
confluence
eurusd
fibonacciextension
fibonacciretracement
fibonnacicluster
usdjpy
usdjpyshort
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USD JPY = On 4 hour chart we will see a important support on 111.900. If we look at the past of the price, this level made many confluence points. Also we have a cluster matching the 0.382 fibo retracement and 161.8 fibo extension on down movement as we see on the chart. I think this level is very important to pay attention.
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EURUSD = If the price breaks the resistance between 1.10 and 1.10230, may could expand to fibo ext levels 50% and 61.8%. This fibo levels match with confluence points (blue lines crosses in 1.1070 and 1.1120), causes a price block for reaching next levels. Also, matches with the top line of the ascending channel, being able to find a strong sell interest. But, if...
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