With USDJPY forming handing man pattern, the pair has also formed a double top reversal pattern. A break of the lower boundary will cause continuation of the downward trend. targert is at 146.600.
According to the daily chart, GBPCHF formed a bullish symmetrical which signals the trend is moving upwards. if the double bottom is formed completely in the daily time frame then the scenario come true for the pair ENTRY @ 1.11550 TARGET @ 1.13200 STOP LOSS @ 1.11020
The USDCAD pair has shown to be strong and is moving to form a new trend. the pair is seen moving to the upper border of the trend and has broken the resistance level. after retracement it is safe to open a BUY trade @1.35286 TARGET @ 1.36000 STOP LOSS @ 1.34700
Following the trend, XAUUSD is still on a bearish trend, and has gotten to the reversal zone of 1909-1903. it is advisable to open a sell with target at the nearest support of 1883. ENTRY @ 1896 STOP LOSS @ 1909 TARGET @ 1883
According to the chart of H4, GBPAUD formed the bearish engulfing candle, which is a pattern of a reversal, on the auto Fibonacci retracemet we can all see a clear indication of a retracement on the pair. ENTRY @ 1.98912 STOP LOSS @ 1.99200 TRAGET @ 1.96100