Forex Charts & Analysis

USDJPY H4

Technical levels to watch 132.00
USDJPY is currently moving in this bearish channel. As a DXY bull, I am looking for a breakout of this channel to start hunting for long plays. Before getting involved in Dollar pairs, it is necessary to remain patient and let them show their hand.

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GBPUSD H4

Technical levels to watch 1.2300
GBPUSD has swept a key high at 1.24468 and rejected to the downside, for me to get involved id need to see a further break of structure to confirm my downside Bias. 
Important to note that this is not guaranteed to happen and just my thoughts on the market.

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AUDUSD H4

Technical levels to watch 0.71367
I am watching a key swing point at 0.71367 for a potential rejection and will get involved if we see a further break in structure.

Technical levels to watch 1.0850
EURUSD is still trading in a bullish channel for the time being, and any break out of this structure would make me consider selling with 1.0700 being the first initial target.

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USDCHF H4

Technical levels to watch 0.9250
​It is important to remain patient when trading Dollar pairs, and USDCHF is no exception. We want to see a flow into the Dollar before getting involved. In order to get interested in USDCHF, I would need to see a break out of this Bearish channel.