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USD/JPY Daily chart
After a large down, UJ had a reversal to test Fib 61.8 but it's seem like a strong restriction level.
Today UJ continue going down with a big bear candle, it's about to break Fib 38.2 and tend to Fib 23.6, but Fib 23.6 seem to be a good support level as well.
In addition the overall trend is still bulling, so in my personal view UJ will continue going down for a while, trying to break Fib 23.6 level but later it's still going up and could make a test to Fib 61.8 again.
GBP/USD
GU H4 chart,
The overall trend is down.
It's pulling down from Fibonacci level 61.8 and 50 and last to high make Lower High.
First target is at Fib level 23.6, could move TP lower.
The overall trend is down.
It's pulling down from Fibonacci level 61.8 and 50 and last to high make Lower High.
First target is at Fib level 23.6, could move TP lower.
GBP/CAD
G/C chart H4,
Price seem to be reach a "support to resistance" level, it's also touch the MA200 line which is going down.
Last two high made a short term resistance and the last candle is in red.
All of this lead me to a sell order, target expected is around 1.7792
Price seem to be reach a "support to resistance" level, it's also touch the MA200 line which is going down.
Last two high made a short term resistance and the last candle is in red.
All of this lead me to a sell order, target expected is around 1.7792