Tricky Friday presents us with EUR/USD, USD/JPY, EUR/CHF & NZD/JPY

Hello traders,

let’s hit the charts

 

 

1. EUR/USD

EUR/USD has started a downward move after hitting the upper resistance level of an ascending channel,

Price next support zone will most likely be 1.09934

 

 

2. USD/JPY

Head and shoulders formation on the USD/JPY can be seen.

A breakout below the key support level will mean price possibly hitting the next possible support level (119.907), and if the sellers are aggressive this Friday, price could slip further down to 118.393.

 

 

3. EUR/CHF

EUR/CHF has started another downward move today.

Support level 1.02091 is presently holding price. If we do get price breaking below the current key support level, then price may end up hitting 0.99830

 

 

4. NZD/JPY

NZD/JPY may have started its way downward. We can see a head and shoulder formation, and support level 84.250 is currently holding price

If a breakout occurs, 82.190 will be price first bus stop, and if the sellers are aggressive enough, then we may see price go further down to support level 80.155

 

What say you?

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