EURUSD

EURUSD 1Hr
The EURUSD pushed above 1.2700 after FOMC minutes release and is now trading at around 1.2730. Expecting the EURUSD to fall after rallying to around 1.278 completing the formation of a bearish Gartley harmonic pattern. The 1.278 price level represents a 1.41 extention of the XA leg and a 2.24 extention of the BC leg. 1.2785 is also the monthly pivot making it a strong potential turning point and a key resistance level.

EURJPY,CHFJPY

EURJPY 4Hr

The EURJPY is in a nice downtrend on the 4hr chart, and looks set to go lower. The pair has completed a 4 wave down move and should fall to around 136.22 and 135.92 in completion of wave 5

CHFJPY 4Hr

The CHFJPY is also in a nice downtrend on the 4 hr and is expected to drop to around 112.29 in completion of the 5 wave down move