weekly forecast (technical side)

GBPUSD weekly forecast (technical side) 2018-06-(11-15)

понеділок, 25 червня 2018 р.

USDJPY weekly forecast (technical side) 2018-06-(25-29)

Estimated levels per week:
resistance (R1W1 / R2W1 / R3W1 = 110.535 / 820 / 111.280);
Support (S1W1 / S2W1 / S3W1 = 109.614 / 329 / 108.868).
The key resistance levels (1 st from 109.715 to 110.518 at the end of the week, 2nd from 109.320 to 110.041).
Last week's trading week, the OsMa indicator highlighted the growth in vendor activity. At the opening of the week, sellers added breakdown activity (up H4 broken), but also removed convergence, which prefers to plan for trade correction.
Given the state of the Stochastics oscillators, expect a level test (S1W1 broken / down H1 / S2W1), where it is recommended to consider the activities of the parties in the charts of smaller timeframes.