EURUSD - The LOWER GREEN & BLUE lines are trying to make some space; signifies that there will be a small down trend. But space between UPPER BLUE & GREEN is larger signifies that in long-term the price is expected to hit UPPER BLUE line around 1.5250
GBPUSD - The price is at long-term SHORT entry and space between LOWER GREEN & BLUE lines are huge. A medium term drop to middle of GREEN channel i.e 1.65 future LOWER GREEN line. But a short term UP trend is expected as players will try to do SHORT stop hunts. A naughty BULL is now & scary BEAR in waiting.
USDJPY - A funny bend for GREEN channel. Price is out of GREEN channel but pressure is to go inside the channel again. Players will test the BLUE line in very near future. The space build between UPPER GREEN & BLUE lines signifies a Furious BULL is waiting somewhere near. Expect the BULL run-into you anytime.
USDCHF - A do see some traders are keen on this pair and I was surprised by the pattern formation in 4hrs chart. It did double bottom and expecting a trend reversal. But I expect the last bottom was just the right shoulder and there is a head at somewhere near 0.9980 and then the left shoulder before the trend reverses. Shortterm Bear and long term get ready for BULL race.
EURGBP - A Furious BULL is just around near you. The spaces are more or less same between channels UPPER & LOWER segments. But RSI is key; it shows that a BULL run to UPPER GREEN line is round the corner. I think it will align with GBP drop & EUR jump. This validates my view on EURUSD & GBPUSD.
GBPJPY - This pair is stuck in middle waiting for GBP or JPY direction. If GBP drop & JPY jump happens same time then we may see this pair staying in green channel for sometime to come. But as I seen this pair for ages and knows that players never left this pair at their peace.
EURJPY - Very nice chart to see (fountain fall from 23 Oct to 27 Oct). Now they are trying to make space in their UPPER segment.To make space they need to try and drop to 131 levels. Euro being Mr.Tortoise this pair can test some nerves. RSI is at 27; Mr.BULL is waiting but don't know how strong he is.
AUDUSD - The channels says it all SELL, SELL & SELL; big LOWER segment shows a drop is imminent.
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