Ideas For EURJPY The dollar strengthened broadly on Friday, affecting the EURJPY as well. The euro/jpy currency pair is renewing local highs and is aiming for the 149,000 zone. New threats of intervention from the Central Bank of Japan forced investors to be on high alert. On the global chart we see a global distributive movement after the exit from the 136.9 - 113.3 consolidation. At the moment the currency pair aims to reach the 149,000 zone On the local timeframe, we see the formation of a resistance zone 147.250. After a prolonged pre-breakdown consolidation, the price is testing the breakdown resistance again. The local trend is ascending and below the local support there is a support zone , which may not allow the price to fall. I expect a breakdown of 147.250 zone and price growth in the near term •The short-term target - resistance of 148.5 •Medium-term target - 149.500 level of 2014

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Friday, as the monetary policy in the US remains aggressive we still see a possibility of continuation to the upsides on USDJPY unless fed becomes Dovish but it's still not going to happen as inflation in the US is still an issue and the main focus for the US is to control inflation , so what we can expect? more rate hikes, more USD bulls and potentially a continuation of USDJPY uptrend. hence in the coming week we will be monitoring USDJPY for a long term buying opportunity around 146 zone, remember to avoid using tight Stop losses in this type of environments since USDJPY movements will be more volatile and violent and respecting a proper risk management is always recommended so you avoid blowing your accounts, sticking to 1% risk with proper reward ratio will not allow allow the market to you knock you off.

Huynh221

Ideas for XAU.USD！ GOLD prices continue to fall for a long time amid rising Treasury yields And also amid tough statements from the Federal Reserve . But we are interested in Friday's strengthening of prices: which happened due to reports that the U.S. Federal Reserve leaders have no consensus on the further pace of interest rate hikes, and in the extreme trading session of the day the dollar index weakened slightly. Technically, there is an interesting but divergent situation on the chart. •1) I expect the price might make a small correction to the 1654 area for a retest of the broken-down area •2) If the bears strengthen their forces, since the opening of the trading session, the price of futures may jump to the zone of 1668, which is the nearest local resistance area •3) But also in the bullish outlook the important role is played by the resistance of 1681, which is worth paying attention to, if the bulls have a positive reaction to the weaker levels

Huynh221