Thread: Shorts and long forecasts (majors)

Bears prevail on USD/JPY. The price is testing the 113.65 local support. I think it will fall further. I’ll sell the pair with a trailing stop, if it fixes below 113.65. It may move to 113.25-113.00

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The technical pattern on GBP/USD indicates the downward trend. The pair has retained the 1.3170 key resistance level, it triggered aggressive sales. The price is testing the 1.3120 mirror support. I’ll sell the pair of it fixes below 1.3120. It may move to 1.3075-1.3050. This deal will last several days.
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USDJPY has retained the 114.0 round level, it caused a downward trend. It is testing the 113.45 local support at the moment. I expect the further fall of the quotes and will sell the pair, if it fixes below 113.45. it may move to 113.00
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USD/CAD is testing the 1.2700-1.2715 key demand level. I think that bulls will prevail on this pair in the near future, I’ll buy, if the price fixes above the 1.2735 local resistance. It may move to 1.2760-1.2780.
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Bulls prevail on EUR/USD. The pair has overcome the 1.1650 mark, it is already the mirror support. I don’t exclude the further growth of the quotes. I’ll wait for the retest of 1.1650 and will buy EUR/USD, if it retains this level. It may move to 1.1700.
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A correction is observed on USD/CHF. It has the potential for the further declining after a strong growth during the past 2 months. The pair is testing the 0.9920 local support now. I’ll open short deals in case the price fixes below this level. The goal for its movement is 0.9875.
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