CrystalFX Market Analysis

EURJPY though in a temporary dip now but its clearly in an up trend considering the H4 and D1 timeframe. D1 default stochastic below middle level may suggest we start to plan for BUY. But before that its good to wait for the M30 trend to join the uptrend. That might be tomorrow or later this week,

Just like I made a quick overnight dip in EURJPY, I see another in GBPCHF. The bearish pattern from the oscillator in the H4 and H1. Momentum is bearish combined with oscillator pattern in both intra-day timeframes.

The bias as at now is bearish for EURGBP and just good to wait on H4 oscillator to signal bearish from above the middle line. I need to wait patiently on that.

Every dip of GBPJPY will be good for BUY. The trend pattern is bullish in the D1 and H4 but the H4 Oscillator shows a sluggish market or whip that I think is trying to gather momentum for possible BULLISH intraday market in. The pattern in the next 12 hours is worth monitoring. I am in for an aggressive entry at 143.11. Still will surely make more entries as soon as H4 oscillator is ready for a rally up.