EURUSD, DAILY TECHNICAL ANALYSIS

The pair is congesting in a descending triangle marked by trendlines S and R after retest of broken trendline  support marked X which is now  a strong resistance zone. If the pair moves and closes above R then the trendline X zone will be the target.  The movements within the triangle show a large bearish bias, but this can only be confirmed by break and close below trendline Support marked S. The first target will be the previous lows in a support zone around 1.0633 marked by T.

TECHNICAL ANALYSIS

NZDJPY Hourly

68 PIP SELL

The pair is in a large resistance zone but confirmation of the short is break and close below the horizontal line marked R around 76.538.
First target is on the 0.0 Fib retracement as shown in the fig below

WHAT HAPPENED

ANALYSIS RESULTS

GBPJPY WEEKLY

 The pair is about to hit our projected Take profit as discussed in the previous article.

  BEFORE

AFTER

USDJPY DAILY

The pair reacted as we had discussed in the PREVIOUS ARTICLE

BEFORE

AFTER

GBPAUD DAILY

The pair hit our targets as DISCUSSED

BEFORE

AFTER

EURGBP 180 PIP MOVE 

4 HOUR CHART TECHNICAL ANALYSIS

The 180 pip move will be confirmed by the break and close below the trendline marked A. The first support zone will be around 0.72794 marked by T1, then reaction on that support area will confirm the completion of the 180 pip move into the 072088 support level, which is the zone of the monthly blue trend line on the  figure below as a retest of the broken monthly trend line.