The USD/JPY is building a potential wave 4 (brown) correction which is moving sideways and staying above the 23.6% Fibonacci retracement level. A bullish break could see a continuation of a bullish 5th wave (brown).
The USD/JPY is b
...The EUR/USD could be building a head and shoulders reversal chart pattern (purple boxes), which would be confirmed once price breaks below the support trend line (blue). A bullish break above resistance (red) would invalidate the pattern and could in
...EUR/USD
4 hour
The EUR/USD is in a channel (red/blue lines) which is struggling to break above the 61.8% Fibonacci retracement level of wave 2 (green) near the round level of 1.10. A breakout above or below a trend line could indicate the next direction. A bullish break
...Yesterday the USD/JPY broke as expected above the 110 resistance (dotted red) of the bull flag chart pattern. Price has continued with its bullish extension in wave 3 (brown) and has now arrived at the 261.8% Fibonacci target which could
...EUR/USD
4 hour
The EUR/USD is moving sideways and respecting the 61.8% Fibonacci resistance level of wave 2 (green). A bullish break could see price build an extension towards the 78.6% Fibonacci level.
1 hour
The EUR/USD bounced at the 50% Fibonacci support level and most
...