Hello All

What a busy day last week, so I cannot post any analysis. I hope I can post it daily from now on. So, Always check my blog every day.

OK, let's start our analysis.

EUR/USD
Daily Chart

in the daily chart, we can see that after it break 38.2 fibonacci line it start to reserve but yesterday candle has cancel the uptrend. So I think we have to wait today candle to make sure that it will go up or down.

USD/CHF

Daily Chart

we have indecision situation here, my analysis is it will go up but it need to confirm it. So we still have to wait for today candle

GBP/USD
Daily Chart
This currency is trying to break the 1.8500 line as I consider it very strong support. if it can break this line I believe it will go down further.

USD/JPY

Daily Chart

61.8 fibonacci line act as very strong resistance, we can see this pair is trying to break 109.50 line twice and it's still fail. But I believe it will go up after it break this line.

GBP/JPY

Daily Chart

I think this pair will go down to continue it downtrend after 3 days going up.

EUR/JPY

Daily Chart

Yesterday candle shown a strong reversal signal but it's not confirm the reversal yet. so I think we should wait for today candle to decide it will go down or up.

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