GBP strength & JPY weakness trigger TC signals

Better than expected UK Employment data and thoughts of BoJ easing have helped to strengthen the GBP£ and weaken the Yen¥. This has triggered quite a few new TC signals with more still building.

USDX daily: has been talked up a lot but closed with a indecision-style Doji.

USDXdaily

New TC Signals:

GBP/AUD 4hr: long

GA4

GBP/JPY 4hr: long

GJ4hr

USD/JPY: has triggered a new TC long signal AND broken a bear trend line that has been in play for the last 6/7 months:

UJ4 UJdaily

EUR/JPY 4hr: long

EJ4

Gold 4hr: I’m wary of this SHORT signal though as there is wedge trend line support and then the $1,300 level nearby:

Gold4hr

Nearly forming TC signals:

A/J 4hr: ?? long

AJ4

GBP/USD 4hr: the inverse H&S is shaping up here too!

GU4

EUR/NZD 4hr:  ?? long

EN4hr

GBP/NZD 4hr: ???long

GN4hr

The post GBP strength & JPY weakness trigger TC signals. appeared first on Trade Charting.

The post GBP strength & JPY weakness trigger TC signals. appeared first on www.forextell.com.

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