Trade Analysis

GBPUSD

Previous Month's Low : 1.9754

Previous Week's High : 1.9826
Previous Week's Low : 1.9481

Friday's High : 1.9634
Friday's Low : 1.9481
Friday's Close : 1.9564
Range : 153 pips

Weekly, daily, H4 trend down.

H1 ranging.

Trade on the short side next week. Key resistance at 1.9628. Support at 1.9544.


EURUSD

Previous Month's High : 1.4770
Previous Month's Low : 1.4310

Previous Week's High: 1.4818
Previous Week's Low : 1.4638

Friday's High: 1.4814
Friday's Low : 1.4761
Friday's Close : 1.4777
Range : 63 pips

Weekly, daily trend up.

H4 showing a breakout of trading range 1.4638 - 1.4770.

If breakout trades above 1.4770, trade on the upside. If prices fall back into range, trade on the downside. Key support at 1.4770, key resistance at 1.4970.

USDJPY

Previous Month's High : 114.65
Previous Month's Low : 109.55

Previous Week's High: 110.11
Previous Week's Low : 108.55

Friday's High: 109.70
Friday's Low : 108.62
Friday's Close : 108.97
Range : 108 pips

Weekly, daily trend down.

H4 showing a range. However, prices have broken through the weekly trend line and is currently consolidating into a flag formation. If resistance holds at 109.10, prices should break through the support at 108.70 and go further downwards.