GBP/JPY

GBPJPYDaily-6-sierpnia-2015-1024x516

Currency pair broke above resistance, which should act now as a support. The next resistance is not far away from the previous one, but H4 chart may bring some good purchase signal (after downward correction).

USD/CAD

USDCADDaily-6-sierpnia-2015-1024x516

Correction approached local support (previous resistance) and formed a really nice buy signal (pin bar candle) on daily chart. Currently 50% retracement of this candle is tested so we may consider opening LONGs.

USD/JPY

USDJPYDaily-6-sierpnia-2015-1024x516

Similar situation to the GBP/JPY described above. Price broke above resistance, daily candle closed also above which change the sentiment and allow us to search for purchase signals. First opportunity may show itself after downward correction and buy pattern in the vicinity of previous resistance (now support).

Next resistance is higher than in case of GBP/JPY and this currency pair looks much better for investors which forecast Japanese yen decreases.

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