We can see a clear rising wedge formation on AUDJPY and there is a very high possibility of breakout of support, if it does then there is a chance of going on SHORT on this trade and get a minimum of 500pips in your pocket
There is a possibility of breakout on either side on CADCHF D1 chart, be ready for both the possibilities to gain a minimum of 100 pips, most probably it’s going to break downside, but we always suggest to trade with breakouts, and exit the trade when the heiken ashi candle turns to the opposite color, no need of TP, just keep trafi long your SL
GBPUSD completed with a low price around 1.21, Last week down may be created as a result of Head and shoulder pattern , and it reached the end with this closed price, Even GBPUSD looks to be bearish ,,1.21 remains as the strong support area.price may bounce back to 1.22200 area and looks to make downward movement as per technical analysis..
for couple of days , btcusd is going in a straight upward direction , now it is forming a pennant type of pattern, if it break upside , it will be a great buy opportunity for me , if it break down , it will be invalid for me
British pound against Dollar , have been travelling down most of the May month.. End of the month it looks to finish lower around 19500,
Expecting the price may go higher at the starting of June Ist week. till that it looks like controlled by bears.
USD against Japan yen pair, looks in control of sellers this week..108.00 has stays as a strong resistance zone for long time.. it may retest the area of 106.750 and reverse up at the final stage of the week.
NZDUSD pair has been trading inside a broadening triangle pattern since starting of May, it seems like close with bearish movement at the last week of the month, might me it will take of from the price of 0.58500.. this week we can expect a bearish rally ..