Summary:
GBPUSD - This pair will fall further from 1.6382 and as the image shows it is over-bought in H1,H4 & Daily it tends to have a bull run very soon. LONG, BUY,BUY,BUY!!! Target 1.66-1.70 Range.
USDJPY - at 91.30 this price is good for SHORT,SELL. But I guess if you get it at 92.00 region is good. Its is Over-sold in H1 & Daily not in H4. Reserve the position at sell I guess bear is about to jump.
EURJPY - at 134.33 the bear is attacking but only the first scratch. Daily is over-sold but H4 & H1 is not. I guess there will be swing & slide in this pair but trend is bear. SHORT.
EURUSD - at 1.4713. H1 is over bought & H4 is closer to over bought but Daily is over-sold. Mixed strategy, my guess is to LONG for 50-100PIPS and then Short for 100-200 PIPS.
GBPJPY - at 149.58. "I LOVE THIS PAIR AT THIS MOMENT". "LONG BUY" easy 200-300 PIPS. H1, H4, Daily all over-bought to maximum. Just waiting for alligator to wake & bull to run.
USDCHF - at 1.0304. It shows that short-term it is over sold and tend to go down. H1 is oversold where as H4 is close to overbought and Daily is overbought. My stand will be Short for 50 PIPS then LONG for 100-300 PIPS
Make your judgements based on risk
Update:
ReplyDeleteGBPUSD -fell as predicted, to 1.6295. Hope everybody took the profit on short bought LONGs
EURJPY - swing & slide is on make
GBPJPY - was good it went down for LONG positions 148.58 but now the bull jumped into some sort of height record. 60 PIPS in 5 min - LONG Advice was good. Hope you made some money.
USDCHF - not made an major moves did 30 PIPS fall & now you can expect a bigger move.