ChrisLaw1

ChrisLaw1

USDJPY is moving in a triangle pattern. As you can see, the price is rising towards the upper boundary of the pattern which also aligns with the 38.2% Fibonacci retracement. I believe a rejection from this level could drive the price lower to the support zone I'm bearish biased

ChrisLaw1

The price is rising towards the overlap resistance zone which aligns with the 50% Fibonacci retracement I believe a rejection from this zone could drive the price lower to the support level I'm bearish biased!

ChrisLaw1

The price has reached an excellent resistance level which aligns with the 61.8% Fibonacci retracement As you can see, the RSI and the Stochastic indicators are also in the overbought territory I believe a rejection from this level could lower the price to the downside. I'm bearishly biased.

ChrisLaw1

Price has been printing lows for sometime now, as you can see, the price is falling towards the demand zone which also aligns with the 127.2% fibonacci retracement. I believe a rejection from this level could lead the price to rise to the upside

ChrisLaw1

Price is rising towards a very strong resistance zone which also aligns with the 61.8% Fibonacci retracement. Since we're currently in a downtrend, I believe a rejection from this level could lead the price to fall towards the support level which is also an overlap support.

ChrisLaw1

The overall market structure is bearish as I can spot a descending trendline resistance. Price has broken out of a very solid support zone to the downside, and as you can see, the price is making a retracement towards the resistance zone which also aligns with the 50% Fibonacci retracement. I believe a rejection from this level could drive the price lower to the...

ChrisLaw1

My previous prediction on the breakout played out perfectly As you can see, the price is at a very solid resistance zone which also aligns with the 100% fib projection. The RSI indicator also in the oversold zone, I believe a reversal from this zone could lead the price to drop towards the support level which is also an overlap support and also lines up with the...

ChrisLaw1

Price is rising towards the overlap resistance zone which also aligns with the 61.8% fib projection. As you can see the RSI indicator is also in the overbought territory I think a reversal from this zone could lead the price to fall towards the support level which is also an overlap support and lines up with the 20-moving average.

ChrisLaw1

Price has formed a head and shoulder pattern and as you can see, price has broken out of the neckline which also aligns with the 38.2% and the 78.6% fib retracement. I believe a retracement to the neckline a rejection could drive the price lower to the support level which is also a pullback support.

ChrisLaw1

Price has broken out of a very solid resistance level which also aligns perfectly with the 38.2% Fibonacci retracement. I believe a rejection from this level could drive the price higher to the 1st resistance level. I'm bullish biased!

ChrisLaw1

Price is rising towards the overlap resistance zone which also aligns with the 127.2% Fibonacci retracement. As you can see, the RSI indicator is also in the overbought territory. I believe a reversal from this zone could lead the price to fall to the support level which is also a pullback support. I'm bearish biased!

ChrisLaw1

Price has broken out of a very solid support zone which price has been bouncing off multiple times. As you can see, the price is making a pullback to the support turned resistance zone. I believe a rejection from this zone could lead the price to fall towards the pullback support I'm bearish biased

ChrisLaw1

Price is rising towards the horizontal resistance zone which has not been broken since last month. I believe we might see a correction from this level to the support level which also aligns with the 38.2% Fibonacci retracement. I'm bearish biased!

ChrisLaw1

Price is falling towards the overlap support zone which also aligns with the 61.8% Fibonacci retracement. As you can see, the Stochastic indicator is also in the oversold territory. I believe we might see a bounce from this support zone to the resistance level which also lines up with the 78.6% Fibonacci retracement level.

ChrisLaw1

Price broke out of the rising wedge pattern to the downside. As you can see, the RSI indicator is also in the oversold territory. I believe we might see a pullback to test the overlap resistance zone which also aligns with the 50% Fibonacci retracement. From where I would be anticipating a bearish rejection driving price to the 1st support level

ChrisLaw1

Price broke out of a very solid demand zone to the downside. As you can see, the price is making a pullback to the support turned resistance zone which also aligns with the 61.8% Fibonacci retracement level. I believe a rejection from this level could trigger a downward move to the support level which is a pullback support and also aligns with the 78.6% Fibonacci...

ChrisLaw1

Price is falling towards the overlap support level which also aligns with the 100% fib projection and the 23.6% fib retracement. I can also spot an ascending trendline support confirming the bullish trend. I believe a rejection from this level could lead the price to rise to the 1st resistance which also lines up with the 161.8% fib projection. I'm bullish biased!

ChrisLaw1

Price broke out of a very strong support level yesterday to the downside. As you can see, price is making a pullback to test the support turned resistance zone which also aligns with the 23.6% Fibonacci retracement level. I believe a rejection from this zone could lead the price to drop to the 100% Fibonacci projection. I'm bearish biased.