NZD/JPY – On H4 chart is showing a strong downward trend. Yesterday’s quotes opened with a bearish gap, which in the later hours was closed. Currently, the shapes of candles with longer upper shadows suggest that after closing the gap the course will return to declines. It seems that due to rather a weak correction, you should consider the option PUT.
GBP/CHF – pair on the 4-hour chart indicate a buy signal in the form of breaking the down trend line. Yesterday we have seen strong growth all day long, which slowed down at the end of the day. During the night the falls did not increase in strength and this movement looks like a correction. Now the price is starting to rise again. It seems that the breakout of yesterday’s high should mean further gains, at least to the resistance in vicinity of 1.2950. In this context, consider the CALL option.
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