HKD/JPY pair is likely to come down more as it has broken the previous low at the rate of 13.533 it is likely to come down more upto 13.418 after a pullback.
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There is a ascending triangle formation forming on Eur/Nzd pair . If the upper trend line breaks the pair will move up. Traders should watch for a break of 1.710 level which could lead to an up move upto 1.740 level as target .
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EUR/USD expected to rise by 1st Mar 2018. In first chart daily analysis shows shoulder head shoulder pattern at the bottom. The neck line drawn is crossed and indication of rise is implied by the chart. In second chart there is consolidation seen which is marked in a rectangular form, after the consolidation is broken the rise is expected in eur/usd by 1st mar 2018. The EUR/USD is expected t rise up to 1.2492 by 1st mar 2018. Both the charts indicate extremely bullish picture for the pair.
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