bokafx's Blog
USD/JPY View
USD/JPY change the trend and in comings weeks I see more bullish impact on daily chart. RSI divergence, on daily chart, predict next bullish impact till 38,2 fib.ret. at 108,1.
GBP/JPY View
GBP/JPY on 4H chart show some bullish potential and after price reached 23,6% fib.ret. I expect new buy leg. RSI is above 50 so next bulish target may be 38,2% fib.ret. at 149,42.
AUD/JPY Look
After strong and long fall for AUD/JPY there is some bullish sign in the next few days. On 4H chart RSI is under 50 and after prise reach 23,6% fib.ret. next bullish target my be weekly R1 at 83,62.
GBP/USD Look
GBP/USD pull back from 23,6% fib.ret. and price may rise till monthly pivot at 1,3931 but daily RSI under 50 give more reasons for new bearish leg with first target at monthly S1(1,3584).
USD/JPY Look
USD/JPY trade under strong support(7.09.2017. low at 108,12) and daily RSI show more bearish impact in the next few days so I see next sell target at monthly S1(104,62).
AUD/USD Look
AUD/USD startedb bigger bearish run and some resistance could be at monthly pivot(0,7862). Daily RSI is under 50 in sell area so trend line and monthly S1 is expect next bearish target around 0,7657.
NZD/USD Look
NZD/USD found strong resistance at monthly pivot(0,72735) and next bearish leg could be seen next week. First bearish target may be at monthly S1(0,711) and daily RSI under 50 support that too.
EUR/USD View
EUR/USD turned bearish with first target 23,6% fib.ret. at 1,2038 but some supports have to be broke on daily close price base. Main support is monthly MS1 at 1,219 so if daily price close under that price than 23,6% fib.ret. is clear.
NZD/USD View
Daily 200 MA present strong resistance for NZD/USD and I expect more bearish impact till monthly pivot at 0,7009 before price start new bullish run in the second half of this month.