$USDJPY Forecast and Trade setup for 30th March to 3rd April 2015
Weekly Chart
- Negative Divergence on RSI
- Failed rally is what i can see because from the 61.8 fib
Daily Chart
- Daily you could see a big drop in RSI momentum
- Ichimoku is still on up trend, however could be easily broken as the cloud is weak
Hourly Chart
- 4hr Ichimoku already have broken the up trend
- Looks likely to test the 117.00 -116's
Outlook Trade opportunity
Personally I have a short trade from the ichimoku break and trendline break from the H4, and on top of that a weekly 61.8 fib
Risk Level __
Tips -
Always take note of any economical news event on our provided calender below
$XAUUSD $GOLD Forecast and Trade Setup for 30th March to 3rd April 2015
Weekly Chart
- Weekly is quite heavy and ichimoku is down trend
- RSI positive divergence
- Possible double bottom for the mean time?
Daily Chart
- Good price reaction from support
- Ichimoku still in down trend
4 Hr Chart
- Ichimoku is on up trend
- Intraweek trades to the upside is ideal
Outlook Trade opportunity
Long for intraweek is ideal
Risk Level __
Tips -
Always take note of any economical news event on our provided calender below
