Forecast On The Majors:

[sc.david]

[quote=sc.david]WEEKLY TARGET HAS BEEN ARCHIEVED, WE LOOK FORWARD TO BRINGING YOU NEXT WEEK POSSIBLE TARGET.
THANKS.


Contact: +2348065760162, admin@forexlaunch.itgo.com or sc.david@yahoo.ie

[sc.david]

Usdchf (h4 Chart)

- We Are Recieving A Reversal Signal On The Usdchf, After Hit On Last Week Target,
- Also, We Caould Also See The Pattern On The H4 Chart. A Break Out From The Resistance,
Leads Us To "t2 ( 1.0425), After Which Slight Retracement Might Begin, And Then Head To "t5 (1.0607)"
- Price Will Not Be Able To Get To "t6 (1.0892).
- A Break-out From The Support, Leads Us To "t1 (0.9894)".

[sc.david]

USDJPY H4 CHART

DOWN TREND, BUT THERE ARE REVERSAL SIGNALS:

- A BREAK-OUT FROM "S+" moves our Target to "T1 ( 99.21)"
- a BREAK-OUT FROM "R+" MOVES INITIAL TARGET TO "T3 (103.98)" WHERE WE MIGHT EXPERIENCE SLIGHT RETRACEMENT
BACK TO "T2";ranging between support and Resistance Respectively, 102.80 and 103.98

AFTER AND A CLOSE BELOW "T3" WILL GIVE US A GOOD SHORT POSITION.
THERE ARE MORE TENDENCIES FOR A USDJPY TO RANGE UP TO "T3", AFTER WHICH WE WILL RECEIVE A GOOD
SHORT POSITION TO "T1"

[sc.david]

Eurusd, H4 Chart:

Trending Upwards, But There Are Signs Of Weakness:

- Price Approaching S+, Here We Expect A Break-out More Of,
And Less Of Rebounce Up To R+.
- Falling Action Targets "t2 (1.5202)
- A Rebounce At "t1" ( It), Opens Up The Channel,
And Price Will Make New Highs.

- If Price Breaks '1.5030', Then We'll Expect A Fall To '1.4821'.

[sc.david]

Gbpusd, H4 Chart:

Trending Upwards, But There Are Signs Of Retracements:

- Price Will Tend To Fall To S+
- After Which Two Things Are Expected:
- A Break-out
- A Rebounce To R+

> Rebounce:
- Price Retracement First Target Is "t2 ( 2.0095)"
- Retracement To "t3 (2.0021)";b/w '2.0021' And '1.9985',
Will Give A Good Long Position.
- Long Target Will Then Be "t1 (2.0394)"

> Break-out
- This Will Give Us A Good Short Position At "1.9843",
With A Target At "1.9420"

There Are Higher Possibilities For A Rebounce Off S+.

[sc.david]

USYJPY (H1 CHART):

A BREAK OUT FROM R+;'a close outside R+',INDICATES A SRTONG BUY, WHICH MAY BRING ABOUT
TOTAL CHANGE IN TREND DIRECTION.

-THIS BREAK-OUT MIGHT LEAD US TO "101.20"
-A CLOSE ABOVE 101.32, FURTHER DIRECTS US TO 102.07.

[sc.david]

Hey Gem, Sorry, I Meant "usdjpy", Not "usyjpy", Lol

[sc.david]

Usdchf H1 Chart:

A Successful Break-out From R-, Will Lead Us To R+.

Also A Breakout From R+, Will Lead Us To 1.0167.

And Our Second Target Might Be 1.0246.