Smashitfx
USDJPY SELL IDEA!!Price has been reacting around the 148.000 level forming a head and shoulder bearish pattern. a break below the neckline insight a sell opportunity.
fundamentally, Bank of Japan intend to move forward with additional interest rate hikes, and market participant are anticipating a 25 basis point increase in July. it's safe to short USDJPY as further decline is anticipated.
GBPUSD MARKET ANALYSIS!Price has been in a bearish trend for a while now In daily timeframe and it’s already close to the weekly support level. At the moment, price is at a crucial juncture where we’d expect volatility to impact the market due to economic sentiments coming up next week.
From the technical standpoint, if we’d get a break above 1.29683 price will trade bullish to 1.32431 (tp1) and possible to a new high above 1.35000(tp 2) whereas a break below the weekly support Will completely change to a medium term sell
BTC MIGHT BLOW UP AGAIN!!!Price maintained its strong momentum without facing any form of decline in the past days as It currently trade at $101,740. From the daily market outlook, we may likely not get any significant retrace in price with exception of Getting the trendline broken. If price bids higher, I’d be looking forward to buying