i forecast from long time ago by the continuation of the up trend of usd against all currencies like usd/yen, usd/chf.
for usd/yen...
as shown in my chart formation of symmetrical triangle pattern & price manage to broke to the up which indicate the continuation of up trend.
for usd/chf..
also the pattern formation and the price broke to the up, prove to me the continuation the up trend
Uptrend is still intact. It should continue to rally to 101.89 or 102.51 if supports at 101.29 area hold. We anticipate a pullback to 101.29 - 101.02 zone as part of a triangle whitin a bullish structure. Upper break of this triangle lies at 101.89 limit.
A retrace happened today by usd/yen against the trend ,
but usd/chf are playing very good with the trend.
& i forecast swissy will drag usd/yen to the up sooner or later .
anyway both of them are up trend coz the usd strengthen against all the currencies and here is my charts describe all the targets.
and i want you guys to be aware of fundamental aspect.
the (news).
as i said before all the buyers and sellers in those threads ,
so if you found everone post focused on the up movement will happen (up trend), so the price will go down coz all the traders will take long positions & visa verse.
but the trend is up coz the usd/chf is so bullish and the usd/yen in up trend from 97.xx
and why price is moving against the trend coz of the news.
as you see only my post is the last one so all the traders will take long position that is why price is going down coz i said for you before that all the traders in those threads the buyers and sellers.
but it will go up with the trend sooner or later and here is my usd/chf charts prove the up trend for the usd pairs.
