Author: shankara motay

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USDJPY Outlook

USDJPY  is trading mixed. Strong support is located at a distance at 111.12  The pair is still located into a medium-term bullish trend. Our Idea Trend continuation pin bar with the trend    

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CHFJPY outlook

CHFJPY: Trend: regular bullish trend Level: near term support Confirmation: pin bar rejecting dynamic support EMA 8;21 and key level

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GBPJPY outlook

GBPJPY: Trend: bullish momentum Key level: support on 4H Confirmation: fakey pin bae (click on chart below to be updated of the trade setup)

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CHFJPY outlook

CHFJPY: Trend: bullish momentum key level: near term support confirmation: fakey pin bar (click on the chart below to get updated of trade setup)

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GBPUSD outlook

GBPUSD: Counter trend setup as price formed an inside bar false break on Daily time frame, represented on below chart as a double top pattern.  

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GBPNZD outlook

GBPNZD: Trend: steep trend, bullish momentum Double bottom neckline’s breakout-key level Signal: pin bar rejection at key level

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AUDJPY outlook

AUDJPY Daily chart: Pin bar reversal at support zone: After a clear double top breakout, price traveled back to previous support zone 85.677-86.001. On the 11.08.2017, price rejected this support zone and closed the...