Review of the week

Good Day Dynamic Traders,

Hope you are having a blissful weekend.

Just to recap on the trades posted from last week:
The AUDJPY produced a bullish break out on Friday, as we all know this is influenced by NFP so the next days will tell us whether this is a true break out or not.

The Swissy headed north after coming close to a break down, again it will remain on the watchlist as sooner or later price will break out of consolidation mode.

The GBPCHF remains at a double top formation with support from the value index. A break out need not be ruled out just yet.

The two charts that I would like to discuss today for their potentiality are Crude oil and the USDJPY. Both are at a point where price may break out and therefore are good for the watchlist. Unfortunately I am unable to post the charts at this moment but will try again later as the visual will help understand what I am trying to articulate.

Good Trading!
Bijal Shah