EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!
EUR/USD: another swing to the downside?
Information is not investment advice
EUR/USD will remain under negative pressure as long as it stays below the weekly pivot point at 1.1262. The pair broke below the support of the short-term uptrend last week forming a flag within the overall negative long-term tendency. Although the bearish momentum isn’t strong, the pair will likely test lover levels in the 1.1215/00 area.
GBP/CHF formed a "bullish engulfing" candlestick on the W1. On smaller timeframes, we see a higher low that makes the price action resemble an “Inverse Head and Shoulders” pattern.
It’s simply the question of time before gold price gets to the higher levels…