On the daily chart of USD/JPY we are observing a nice decline of a higher degree taking place, with price now trading in final wave 5. Because of a nice drop from 107 area, we believe blue wave 4 is completed and more weakness may be seen in weeks ahead.
USDJPY tests the support area target.
Slow playing the level.
The USDJPY has moved even lower with the GBPUSD leading the way. The USDJPY has followed more slowly. "More slowly" because the pair is testing the 112.51-577 support area outline…Read More
Forex Signal - BUY USDCAD
BUY USDCAD @ 1.3105
SL: 1.3058TP1:1.3170TP2: 1.3237For More Profitable Signal Follow us in Facebook:facebook.com/forextradingspace
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EURUSD can't make much hay above the 200 hour MA level
Back down testing the 100 hour MA now
At the start of the the day, the EURUSD tested the 100, then pushed through. The 50% of the move down from last weeks high at 1.0586, and then the 200 hour MA at 1.0593 were the ne…Read More
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