My analysis for this week:
1)SIDEWAY, A BIT DOWNTREND. After reaching 5430 suddenly this pair know exactly where is should heading to. For this week there's a chance this price to going up near 1.5200 and then hit the 200MA lines near 1.5075 to clear the downtrend line. (hit 5200 but going down 50pips only)
As i say last week, for a longterm target i still confident price may hit back 1.4700
1)UPTREND, BUT NO MORE STRENGTH. I believe this pair can break the 1.1290 line or maybe reaching 1.13. Despite on Friday, price went up to make new highest price of the month, but on weekly chart we can see a good chance to hit the ceiling. But the downtrend momentum is there. I think sellers will watch this pair focusly this week, and maybe NFP result can enhance downtrend momentum. (hit 1.13)
1)UPTREND, A LITTLE BIT MORE. Same like EURUSD, this pair can go up to 135.3 but then hit the 1st downtrend line at 134.00. Next stop is 132.97. The best scenario for both eurusd and eurjpy are prices going up and then we enter sell from top. (hit 135.3)
Dont take profit too much!
Signals above according to IKOFX graph.
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