With USDJPY forming an ascending channel, it seems like it is time for the pair to fall back to the support line before continuing the trend. Risk-Reward Ratio: 3.00 Any comments are welcome.
GBPJPY seems to be forming an ascending channel. Buy entry now with an initial target of 152.507. Risk-Reward Ratio: 3.00 Any comments are welcome.
Trend seems to show that the ascending channel growing since the beginning of April may be ready to break. EURUSD recently dropped below the support line. Any comments are welcome.
It seems like EURJPY has reached its heights, and it may be a chance to grab a quick few tips. First target = 38.2% = 131.128 Second target = 50% = 130.848 Third target = 61.8% = 130.568 Any comments and advice are welcome.
Due to Fibonacci Retracement Analysis, the next target for USDJPY is the 108.250 mark.