


trisperon
I'm in.
I'd give the advice of closely monitor this pair for a possible reversal.
As NFP and Unemployment rate data is coming out, the Aussie seems to start pricing in future results. I'd cautiously advise to take a last short trade before news coming out.
On this chart chances are the head of a long-term H&S pattern is forming. Technically it doesn't give us enough information on placing a short trade, however price surpassed support zone and this reinforces the idea of an increasing bearish sentiment.
On the chart we can see that an engulfing bearish candle has formed. As a pretty reliable sign of trend reversal/continuation I suggest placing orders with a Bearish sentiment. The zone highlighted in green might be tested next week.
On this chart we can see that the weekly movement neared the upper resistance trendline but failed to touch it by closing the week with a bearish engulfing candle. This might mean a reversal into the previous resistance point now turned into a support zone to watch. Any price movement below that zone might mean a reversal pattern coming in action.
This pair is worth watching, If price bounces back, the correction might last for weeks and since there aren't significant obstacles to the north, there is room to the upside. For now I'll stand aside.
As we can see, price pushed back from support zone and likely to retest this range. Long orders advised.
Even though it is a weekly outlook, short trades are advised.
The daily chart hints for a bearish direction which might not be troubled by nearest minor support zone.
In the chart you can see how price bounced back from trendline. I'm going long on this pair and see if price moves back to the highlighted green area.
Based on daily, weekly and monthly candle, chances are price got rejected by resistance zone and preparing for retest the space inbetween. In my opinion a short trade has the best probabilities here.
The poundyen rejected support zone with bulls creating a probably short-lived corrective phase. A buy order is what I will go for.
The chart clearly depicts a possible pullback towards the flag shown on the chart.
The Euroyen seems a little bit confusing on daily, however, weekly show a clear break in long-term uptrend. Short orders below current daily low are advisable.