Market analysis

[Jungshin]

CAC weekly

still expect more bullish rally towards the zone and a rejection within it for possible bearish momentum towards 4584.5.You can remain flat for now and wait for the pullback to 4987.7-4936.1 to sell this commodity within it with your take profit at 4584.5 and stop loss at 5166.4.In case of a clear penetration below 4584.5, wait for a confirmation of further bearish momentum before you continue short with this commodity towards the lower support level marked at 4000.7.

 

[Jungshin]

EURUSD daily

According to the chart attached, only sell positions looks more ideal and can be recommended with the first target at 1.0990 and the next ideal target at 1.0521. Only a break out above 1.1459 will attract a possible buy towards 1.2690.

 

[Jungshin]

USDJPY H4

The anticipated bullish price rally is the continuation of the impulsive wave to the upperside and may break above 110.362 towards 113.770

 

[Jungshin]

waiting for a correction to the above mentioned zone followed by a bounce within it to sell GBP with my take profit at 1.2706 and stop loss at 1.3579.In case of a breach below 1.2706 then more bearish price rally will be expected towards 1.2427 or even lower
with a big green candle then bullish momentum of this pair can be anticipated towards the key resistance level 1.3751, or even higher to the resistance level 1.4344.