GBP/USD: as friday night (New York Time) just before forex closed, GBP/USD tend to be slow on dropping, which indicate a lost of momentum on down trend, as because the downtrend have been running for the whole week, profit taking period might be happen very soon. keep watching closely @ 1.8677, a break and stall on this level might indicate a small reversal trend, reversal target 1.8799 if 1.8677 could hold. Long term downtrend will have a bigger chance to be happen.
USD/JPY: As on asian session, hedge fund sell off USD into JPY, so that cause a big fall on U/J, an up trend might be appear if 117.19 resistant line breaks. Long term up trend might happen if 117.19 could break and hold, target 118.75
Gold price: friday night (New York Time) just before market closed, gold price stay very close to the critical level of 609.38, breakage of this level might indicate another big fall; if 609.38 could hold, reversal might happen. Long term should have a big break up or down, suggest to be watching it closely.
USD/JPY: As on asian session, hedge fund sell off USD into JPY, so that cause a big fall on U/J, an up trend might be appear if 117.19 resistant line breaks. Long term up trend might happen if 117.19 could break and hold, target 118.75
Gold price: friday night (New York Time) just before market closed, gold price stay very close to the critical level of 609.38, breakage of this level might indicate another big fall; if 609.38 could hold, reversal might happen. Long term should have a big break up or down, suggest to be watching it closely.