Thursday Market Analysis: USD/JPY & GBP/JPY

Hello traders,

let’s hit them charts:

1. USD/JPY

For two week now the bulls have refused to relinquish power to the bears

Price has formed higher lows in the process, and the key resistance zone is currently shaky. I will be checking to see if I can get a buy opportunity within the Asian session.

I wont be holding the trade for long as Thursday is Unemployment Claims (USD)

2. GBP/JPY

Another beautiful breakout spotted on the GBP/JPY

This is a good trade opportunity for swingers. If we still got this candlestick full by the time the daily candlestick closes, then we can join the buyers to NPRL

What say you

NOTE:

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