USDJPY is heading towards the support line of a Channel Down. If this movement continues, the price of USDJPY could test 153.5149 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Supported by Downward sloping Moving Average
Target: 153.5149 Entry: 156.313 Stop: 157.614
A Channel Up pattern was identified on GBPUSD at 1.3011, creating an expectation that it may move to the support line at 1.2957. It may break through that line and
NZDUSD is approaching a resistance line at 0.6034. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around
The price of ETHUSD in heading in the direction of 2981.2429. Despite the recent breakout through 3106.0400 it is possible that it will struggle to gain momentum to the forecast