Daily Technical Analysis for Wednesday, January 8, 2014 - by ForexPeoples.Com | using Daily-TF chart.
EURUSD
ok, for EURUSD still flat too. price flat detected among the price 1.3596 till 1.3656. no good op on that area. we can start op if then price go out from one on that flat zone, then.
GBPUSD
this is a flat but to down then. see the daily GBPUSD = tcci average 20 day on red line but with weak formation of candle's. only sell here if price break to bellow 1.6373 (today), just it.
USDJPY
trend move to bulls again and now buyer at USDJPY had break up to above 104.73. i am not sure this real bulls. on my view, this bulls is just correction, price look want to re-test first to that high level fib near 105.04. be aware with down if price can touch that 105.04.
USDCHF
at daily view, this USDCHF still on bulls but weak bull. be aware with down correction here (as long as price still move bellow fibonacci 0.9099).
Regards.
EURUSD
ok, for EURUSD still flat too. price flat detected among the price 1.3596 till 1.3656. no good op on that area. we can start op if then price go out from one on that flat zone, then.
GBPUSD
this is a flat but to down then. see the daily GBPUSD = tcci average 20 day on red line but with weak formation of candle's. only sell here if price break to bellow 1.6373 (today), just it.
USDJPY
trend move to bulls again and now buyer at USDJPY had break up to above 104.73. i am not sure this real bulls. on my view, this bulls is just correction, price look want to re-test first to that high level fib near 105.04. be aware with down if price can touch that 105.04.
USDCHF
at daily view, this USDCHF still on bulls but weak bull. be aware with down correction here (as long as price still move bellow fibonacci 0.9099).
Regards.