Does not look like it. Moving in a downward channel.

Gold

It looks like they will update the new high today. The Japanese like nice numbers. They probably want 150.

USD/JPY Discussion

Beautifully rested on the resistance of 1.0000. I wonder if it will rise higher or is it already a psychological level.

EURUSD

Probably we will not see such levels soon. Now can hope for at least 0.97.

USD/CHF

The correction has begun. It looks like the low will rise to 0.9950 (50% Fib).

EURUSD only

Technically it looks like it will drop to 1570...

Gold

Looks like they're going to 1580 soon

Gold

Ahead is a nice resistance level 1.3333 (50% Fibonacci). If they break through, they will rise to 1.3450 (61.8%).

USD/CAD

In such a situation, one should rather wait for news that will reduce demand for the US dollar. Against the backdrop of fundamental factors, it is the usd that is growing throughout the market.

USD/JPY Discussion

Thanks) I also rely on technical analysis. In this case, my conclusions are based on working out the classic inverted head and shoulders pattern on the 4H timeframe.

USD/JPY Discussion

Yes, it looks like it will go to a min 1680.

Gold

Already 139. Soon there will be 140 and possibly even higher... )

USD/JPY Discussion

Yes I can. An inverted head and shoulders pattern has formed on the 4H chart. The projection of working out the figure is in the region of 140.00. The price is moving in an upward channel. The bounce off 136.20 has just confirmed the lower channel ...

USD/JPY Discussion

Now we are definitely going to 140...

USD/JPY Discussion

It looks like if it breaks 136 then will rise above 140...

USD/JPY Discussion

Why do you wish there were no days off to rest?

How do you choose what to trade?

Not only GBP. Forex moving around the clock. Money doesn't sleep.

How do you choose what to trade?

I would recommend shorts from 1760 with a target of 1660. But the projection target for working out the head and shoulders is the 1630 area

Gold

Highlighted the Head and Shoulders with an ellipse. It seems to me it will not rise above 1770. There (MA200) on the 4-hour chart and the upper line of the descending channel.

Gold

If it breaks 1.21, then it is very likely that it will go to 1.25

Cable Update (GBPUSD)