maziaradeli
Considering weekly chart of USD/JPY shows that the pair had a pull back in its bearish trend. At the same time it has reached the 38.2 Fibonachi level at 111.70 which is a key point. If the pair can break the level of 111.70, a fake breakout of 38.2 Fibonachi level is possible for the pair to touch the trend line at around 112.30. But generally we expect the pair...
I hope it's the time to buy EUR/USD again since the pair touched its weekly trend line. I believe the pair has the potential to go bullish because a parallel trend line has happened few weeks ago.
As we can see the pair is moving in a channel between 115.50 and 112.50 in 4H chart. At the same time a Head & Shoulder Pattern is going be formed which shows us the possibility of moving the pair to 112.50 again.
Considering weekly chart of EUR/GBP shows that the pair is going to touch the weekly trend line, so I think it can turn to to the higher rates any moment.
Looking to the monthly chart of USD/JPY shows that the pair has reached the very strong resistance of 118.48. Keeping this level will give a very good opportunity to sell.