Dear Colleagues, USDJPY has just broken a triangle and the prices wil raise in the next days. My forecast is that the final price will be around 104.5 after a long period and a little retracement. See attachements.
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Dear Colleagues, as per the monthly chart the prices are inside a triangle and they will remain there for the next month. I expect that EURUSD will continue going down until 1.335 for the beginnming oif March.
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Dear Colleagues, my view on NZD USD is short as you can see from the charts. The prices will break down after the second triangle at about 0.822 and they will reach at the beginning of January 0.78 where is a very strong support. Even if the prices will reach this support before, the prices will remain around it for a long period.
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This currency has just broken the resistance of the rectangle in figure 1 and it is going up.In my view this will continue until the black resistance at 0.9660 which will be the level around the first days of November.
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This currency is going to break the upper resistance of the rectangle (see first figure). In my view during next weeks, NZDUSD will breake this resistance and go up towards resistance at 0.8428. Then it will retrace a little bit.The target will be 0.8325.
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