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USDCHF MAY GAIN IN COMING DAYS

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator.
USDCHF Weekly Chart
  • The MACD on the weekly chart is positive and falling. The histogram is silent.
  • The RSI is rising.
  • The Stochastics is headed North.
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USDJPY MAY SEE A PUSH TILL RECENT HIGHS

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, ellipse.
USDJPY Weekly Chart

  • The MACD on the weekly chart has entered the positive zone. The histogram suggests the buyers taking control of the market.
  • The RSI is turning up.
  • The Stochastics is turning up.
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14 JAN 17 | EURUSD UPDATE

EURUSD closed at 1.0636. The pair needs to close above 1.0650 to see 1.0880. At present the upside momentum looks good. Although the pair went through our level at 1.0650 but closed the day just 14 pips to below it.
Let us see how the things unfold next week.
Happy trading to all.
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