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CHF / JPY Rebound Bullish, Test Resistance at 160.50
The movement of CHF / JPY at 4-hourly charts are in a bullish rebound conditions. Beware if the price moves above the resistance at 160.50 would be the trigger for price movement. The outbreak of resistance will bring the price move up towards resistance at 106.88 - 107.27.
Conversely, be-alert if the price goes down then the support at 106.02 - 105.63 must first penetrate where there is potential for the franc will weaken against the yen and move towards support 105.24 - 104.76. The momentum bearish will be seen as indicator RSI moves downward through the level of 50.
USD / CAD to Form Reversal Price Descending Triangle Pattern
The movement of USD / CAD at 4-hourly charts are in a bullish condition. If the dollar was higher against the loonie and penetrate resistance at 1.0566 that there is opportunites price will move up to the next resistance at around 1.0654.
Instead beware also because the current price of potentially forming a descending triangle reversal pattern where there is a chance the price will move down. Note that if the price moves down and penetrate the lower line of the price patterns tendency opening price will fall down towards support at 1.0443 - 1.0405.
EUR / JPY rebound, Test Resistance at 132.41
The movements of EUR / JPY at 4-hourly charts are in a state of rebound and this time the price will test the resistance at 132.41. The outbreak of the resistance area will likely trigger further rebound towards resistance at 133.62.
Conversely, be-alert if the euro weakened against the yen penetrate median line of tools Andrew Pitchfrok where there is potential the prices to move down towards strong support at around 130.71. Momentum bearish will be seen as indicator RSI moves downward through the level of 50.
CHF / JPY Corrected Sharp, Test Support 105.24
The movement CHF / JPY at 4-hourly charts are in a condition corrected sharply and the price will potentially test strong support at around 105.24. The outbreak of the area likely will bring a sharper price fall by moving down towards 104.76 support.
Conversely, be-alert if price holds above strong support at 105.24 and eventually penetrate resistance at 105.63 would open opportunities to rebound with prices moving up towards resistance at 106.02 - 106.50.
USD / JPY Rebound Bullish
After yesterday was corrected, the current movement of USD / JPY at 4-hourly chart back to rebound phase. If the dollar gained against the yen and penetrate resistance at 100.22 that there is opportunites price will move up to continue the bullish movement further towards resistance at 101.42.
Conversely, be-alert if the price goes down then the support at 98.53 which is the 61.8% Fibonacci retracement area will be re-tested by the price movement. The outbreak of the supprt area that there is potential the nesy support in the range of 98.01 - 97.49 will be in touch by price.
EUR / GBP In Bearish Pressure
FXOpini.com - The movement of EUR / GBP on the 4-hourly charts are in a bearish condition. If the euro weakened against sterling and penetrate support support at 0.8390 that there is potential price of will be back in a state of bearish and moving down towards support at 0.8319.
Conversely, if the price moves upwards that the resistance at 0.8420 should first penetrated where there are opportunities will be resistance at 0.8520 that will be touched by the price. Be seen as bullish momentum indicator RSI moving up through the level of 50.
USD/CAD on Bearish Pressure, Be-warn Bullish Divergence
The movement of USD / CAD at 4-hourly charts are in a fairly sharp correction. If the dollar was lower against the loonie and penetrate support at 1.0320 that there is potential price will to make correction movements which the support at 1.0244 will be in touch by price.
Instead beware because the technical indicators RSI is in bullish divergence condition. If resistance at 1.0367 penetrated that there is opportunites price will rebound to move up towards resistance at 1.0405 - 1.0443.
CHF / JPY Still Bullish, Watch Support 106.71
FXOpini.com - In general, the movement of CHF / JPY at 4-hourly charts are in a bullish condition. If the price moves upwards and penetrate resistance at 107.13 that there is possible resistance at 107.55 will likely be touched again by the price movement.
Conversely, be-alert if support at 106.71 penetrated that there is potential price will likely move down to do further correction phase where there is potential for immediate support at around 106.19 will be back in the test.
NZD / JPY Bullish, Be-alert Correction
The movement NZD / JPY at 4-hourly charts are in a bullish condition. If the kiwi was higher against the yen with penetrate resistance at 81.36 that threre is an opportunity the price will move back up towards the next resistance at around 83.07.
Instead attention is also due to the technical indicator RSI is in bearish divergence condition in which there is a chance the price will move to downwards. The outbreak of support at 80.61 that there is potential price will move down towards the next support at around 79.88 - 78.96.
Bearish Pressure In EUR / GBP
The movement of the EUR / GBP at 4-hourly chart looks to be in a bearish pressure. If the euro still was lower against sterling and penetrate support at 0.8355 that there is potential the price would continue its bearish movement toward 0.8253 support.
Conversely, be-alert if the price moves upward and penetrate resistance at 0.8443 that there is opportunity the price will rebound phase where there is a possibility resistance at 0.8498 as area of 61.8% retracement fiboncaci will be in touch by price.