This trade setup on USDJPY is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 143.4998.
Supported by Downward sloping Moving Average
Target: 143.4998 Entry: 144.6381 Stop: 145.517
USDCAD has broken through a support line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 1.4280 within the next
Broke through Support level of 0.5636 at 11/19 04:00. Possible bearish price movement forecast for the next 1 day towards 0.5613. Target: 0.5659 Entry: Stop: 0.5632
Butterfly Fibonacci pattern identified at 10/1 13:30. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 354.12 to 314.96 within the