20161127_GBPJPY_Daily

On weekly chart i believe we have trend reverse.

GBPJPY seems interesting on daily chart however it is not a good time for trading. I recommend to wait and watch for stronger price action. 

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 11 23_AUDJPY overview

Looking to the AUDJPY i see that price break even weekly trend line. Price may go up for a next few weeks and later will to retest on (green) support level 83.000. That level actually is fib 61.8 level as well so that can work as confirmation signal of trend reverse in a short period of time. Hopefully AUDJPY will form a new uptrend.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.