Forex Technical Analysis

[alex22]

usd jpy

On the H1 TF, the price is on 0.886 fibo level. If a hidden negative divergence happened, we are expecting a drop to take place.

 

[alex22]

cad jpy

On the daily TF, the price is on the roof of the bullish channel. In such a condition we are expecting to see a drop across the market if the supply pressure exists. By having the roof of the channel broken, the ground will be ready to have a growth.

 

[alex22]

gbp chf

On the H4 chart, a shark harmonic pattern is on sight and a negative hidden divergence has been token place simultaneously. We are expecting a drop if the supply pressure persists across the market.

 

[alex22]

eur gbp

On the H4 chart, a reversal is on-sight by having a harmonic pattern formation. An increase is expected by fueling up the demand.

 

[mageAL]

Dynamics pricing of pound demonstrates the presence of sharp edges and contoured trend waves. At the moment,it is a logical sale to 1,5450

 

[mageAL]

Yen floats deterministic sideways. Signal to buy a pair is a reflection of the level of 118.31

 

[mageAL]

Euro is developing in a side channel and testing the 1.0710 support now. The rollback is expected to 1,050

 

[mageAL]

Termination of active operations within the pennon is likely a prelude to attack 121.60 level and the possible threat of a breaking.

 

[mageAL]

Now you had better make a buy here with profit target near the 1.10000 level

 

[mageAL]

The current yen situation allows us to buy with take profit target at 120.40 level.