My Forecasts

12:40GMT After the data the DOWN trend lost the steam in all our pairs.
07:30GMT The Market is very tempting but my BUYLIMITs with 60-100 pips for GBPJPYs @ 133.88, 133.00, 132.20 and 131.50. EURJPYs @ 110.50, 109.50, 108.40 and 107.50. yes bit cautious as USDJPY players may risk a dive.
01:15GMT Good Morning Friends, Last two days was perfect and I love to extend this run for next 365 days - greedy ;D Although trades worked perfect EURJPY was a concern as it went extreme. At one point it hit 261.8% on daily pattern.Everybody was talking USD weakening but EURJPY shows JPY strengthens. More on this point is that 261.8% signals slow recovery and long-term levels change. At this moment most of our pairs are doing -88.6% on weekly pattern walls. I assume that long-term players and traders will now start booking their profit and a rebound becomes appropriate. All EURs daily RSIs stand below 18- our rule says its going LONG time. Where as GBPs are just crossed 32. Most of our pairs are looking UP but like yesterday players might enter in and drop it further. Lookout for Daily & Weekly pattern walls and plan your longs and targets.