Recommendations: LONG positions above  1.3293 with 1.3350 & 1.3390 as next targets.

Alternative scenario:The downside breakout of 1.3293 will call for a slide to 1.3230/1.3180

Description: The pair trades above its support 1.3293, as long as this level holds,look for further upside gains towards 1.3350 & 1.3390 levels, an hourly close below 1.3293 would delay the bullish move but downside below 1.3293 is likely to be…

The USDJPY declined after topping at 103.73 levels as suggested 2 weeks ago, next support is at 92.55 where rejection is strongly suggested, stability above 92.55 levels is likely to bring rebound towards 95.80 levels ahead of 100.00 levels.

On the downside , stability below 92.55 on a weekly closing basis will have large bearish implication towards 84.00 ahead of 80.00 levels.

Recommendations : Buy the pair after rejection on daily from/above 92.55 levels with target towards…

Important points and notes:

1- These levels are strong support and resistance levels on short term , the market usually respects those levels strongly.

2- I highly recommend using divergences techniques, to find possible turning point during the month !

3- The recommended time frame , the 1 hour and below.

4- You can also use chart pattern, candlesticks, trend lines and price action to find possible turning point!

5- These levels would help…

The GBPUSD continued to maintain its bullish momentum last week, topped at 1.5737, and closed at 1.5703.

With the break of 1.5683 levels, next resistance would be 1.5900, stability above 1.5900 on a weekly closing basis will open the way towards 1.6200 levels.

On the downside , support is at 1.5630 ahead of 1.5487, as long as the pair trades above those levels, it’s likely to return to its upside bais with risk towards 1.5800/900 levels, losing 1.5487 will turn…