• After flirting around the Resistance area, we managed to break through it.  Any retest should perform a bullish candle setup signal on a smaller timeframe
• I have put in another chart with 3 Moving Averages Study, 
• Note that we are hitting against the 200 Day Moving Average and very close to next resistance
• I have drawn in some projections on the Daily chart but only vaguely.  
• Taking a short is against the strong trend
• Taking a long now - we are hitting resistance soon / and 200MA is hitting right now
• Ichimoku Study - Bullish

• Very strong bullish run, where now we will wait for retrace to the broken resistance which should become support together with the ichimoku clouds

• The three weekly candles are extremely bearish and closed last week breaking the ascending trendline
• There is Negative Divergence on the stochastic
• Ichimoku Study - Trading above the clouds

• We have saw price flirt around the Support and Resistance zone / Ascending Trendline and was unable to stay above , therefore it is likely the market will test the next support zone.
• Saying that it would be ideal to sell on pull backs
• Ichimoku Study - Bearish (trading below clouds)

• The H4 chart shows that the basically we were trading in a very tight range last week, and by friday has failed to stay above .
• If market gives us a pull back scenario, I would be interested to sell (please see the blue zone on H4 Chart)
• Ichimoku Clouds - Bearish (trading below Clouds)

• On the Daily Chart, I have not used the clouds however we are trading into the clouds (possibly acting as support)
• We broke out of the bullish Channel and formed a Double top
• Have drawn a descending trendline from the Oct 2013 highs
• This could possibly it for the bullish trend, and could possibly continue the bearish run

• We have had a significant sell off on the Aussie last week, and with the analysis from the other higher time frames, It would be wise to sell any pull backs

• Last week we have seen a bullish Pin bar candle from an important Support level which had provided some bullish momentum
• there was also a stochastics bullish divergence
• Having said that, I do not like the fact that the support zone has been tested too many times and it does hint to me it will break the support as all the buy has been filled
• we have the Ichimoku clouds and trendline in a strong resistance area which may limit the upside

• Using Ichimoku study, on the H4 chart we are trading above the clouds suggesting of a bullish trend.
• should take note that it only broke through a thin ichimoku clouds (which could give a false signal)
• Currently we are flirting around the Support and Resistance zone and if we managed to bypass that to the upside then we may see it retest the 102.50 and which comes with a very strong resistance together with confluence of 88.6/50 fib and monthly pivots and weekly R1 pivots
• If so, this could be a potential bearish cypher (sorry didn't illustrate the chart with the triangles)

• Note this is a uncomplete weekly candle however I want to show you the weekly chart as its coming into Support /phsych level 1.370 and also trendline support
• Will be interesting what weekly candle we will achieve by friday for long opportunity perhaps

• Daily Chart is also showing the same clear Support Area. however we must take note that if you throw in Ichimoku studies, we have broken the support clouds which might suggest bearish momentum
• however the broken clouds does have a flat line which could be a false signal of bearish. so need to be cautious
• We must also take note that the strong selling momentum from the near 1.40 has bought the market dumping right towards the 1.37, so buying into this might not be a good idea (please see 4hr chart)

• Stochastics positive divergence which could signals a possible long trade, however I have not took it due to the extremely bearish momentum with vaguely any retrace

• In conjunction with my analysis for UJ earlier this week, I identified bullish signals, therefore i have set my buy orders at high prob retrace fib number.
• For this trade i am placing just above the 78.6 as i see a potential to the upside.
• Note we did try to break above the 4hr Ichimoku clouds, then failed and this could be a market retest / false break the s/r before the some bullish movement.
• My R:R is 1:1 - currently my order which got filled was nearly to the pip so didn't get any price movement against me. Will take out the risk when appropriate to secure my profits.

• On the Daily Chart we have seen continued support at around the 101 area where market rejected.
• 
  

• Price action gives us bullish signals
• has shown that we have come out from the descending channel
• rejection from 101.xx support
• Possible false break from the ascending trendline (long term and the medium term trend line)
• As we are trading near the bearish Clouds, It would be interesting to see what the market will react. however given the fact that Dollar Index is strong and as reflected on this USDJPY pair, it would be not surprising if we were to test the monthly pivot in the near term
• Further along, I could see a potential towards the upside to test the 103 zone where a possible bearish bat pattern

• A false break of a newly developed bullish channel with a very good strong bullish candle from support
• As well as bearish clouds are thin and with the strong bullish momentum looks like it will break

• As per Daily and Weekly, bullish momentum should continue to at least the Monthly pivot, before a retracement perhaps before breaking the MR1

• The week before produced a Doji Type Candle suggesting bullish to continue, The market did react to it and performed a positive week.
• Looking forward, my bias on the weekly chart is the chances of further highs is a potential (trading into the Ichimoku Clouds but not passing through the edge of the clouds).
• I would be eying on short opportunity if prices to get to the confluence level of 88.6 fib and 50% fib which is also the edge of the bearish clouds on the weekly chart. (Not to mention the s/r Zone if you look at the Daily as well)

• The Daily chart is also bullish for me, however I see a potential short trade opportunity at the confluence levels noted on the chart
• This also could perform a negative divergence on the stochastic (maybe)

• The H4 chart looks interesting, there could be a double top / near double top if you just look at this screen shot
• Having said that, on the daily chart It seems practical if we take out the 2014 highs before continuation of the downtrend (which is in sync of my analysis in both daily and wkly)
• Although my daily and wkly analysis does not agree with the H4 , i still would be interested to short it on the H4 as its a good S/R trade as well if it does get there.

• We continue to see bullish momentum after it was trading flirting around the 92-93 area which also was the bottom trendline of the up channel
• If new highs was to perform, my daily chart has indicated the potential resistance zone

• After a performing highs at the 0.94 we were in a small down channel where we had three lows swing movement
• significant break of the descending channel and also break of bearish clouds shows a pretty bullish AUD Strength
• I would be buying dips to test the 0.94

• We are trading in a descending Chanel , however with the fib expansions of the high to low swing , we have hit the FE100 level which also has a confluence of a ascending trend line
• We have some strong resistance where we have a 38.2 and 50 overlapping fib at 1.830
• below that we have the monthly pivot and the descending channel line

• We need a clear break above 1.830 before any long position 

• After the Hammer formation candle, as expected we saw last week have some bullish momentum

Daily Chart

• We saw continued bullish momentum last week , however past few days we are seeing seeing doji's / indecision from price action
• Having said that, yesterdays doji's body did actually close above minor resistance which should now become support however next resistance is near, so i expect some sort of rejection back towards the pink zone support before taking another leg up

• Broke through resistance, and looking on towards testing the next resistance

• We had a continous bullish days last week, where we have broken slightly resistance,
• Today's candle is showing some bearish price action, but this could be a retest of the breakout zone / retest support before continuation to the upside
• Note there is the ichimoku clouds which could give some resistance
• Bias is bullish since we have broken the descending trendline, and had retested the bottom and rejected also from an long term ascending trendline.

• Although we have broken resistance, and trading majority in the s/r zone, I believe what is stopping the bullish momentum is the Monthly pivot, and confluence of the 50% fib and the clouds.
• Having the strong resistance, it could be possible for price to pull back and reload again to the upside to break it.

• As anticipated on the previous weekly forecast, we have continued to reject from the Clouds/ Fib level 38.20
• Last weeks candle wiped off just over half of the previous bullish candle

• Last week we had a two huge bearish days, however yesterday (Monday) we have a slightly bullish doji?
• Stochastic is also in oversold and turning and perhaps we might retrace and retest the resistance

• Above I have two charts, one with the Ichimoku and one without
• We broke slighly below the Ichimoku Clouds, and now trading in the clouds where i will look for hourly / 4hrly shooting star formation from the zone.

• There is a potential Cypher pattern if price goes up to 78.5% fib which is a good confluence of weekly R1 pivot and Resistance yellow zone on my chart.
• There is also other ways to look at it if you draw two sets of fibs and there good confluence levels to look for short opportunity.

• Bullish Cypher still in play

• Last weeks price action was bullish and we recovered nearly half of the sell off of the previous wk prior

• We had continuous bullish price action daily candles
• Broke through resistance, however nearing another minor resistance
• We are also trading in the ichimoku clouds and Stochastic is trading in a overbought zone

• As you could see the bullish cypher identified over a week ago did play out quite well
• This is a 4 Hourly chart, where we have broken through the Ichimoku clouds, however we are in an area of potential resistance (yellow zone) and market could retrace to the downside to test the support zone in the following days.
• We are also travelling on the upper line of the ascending channel., 

• Do you see any similarity?