USD/CHF continues to rise toward 0.9391; GBP/JPY to fall to 137.366 in 4 days

by Admin

USD/CHF has recently risen toward the target level 0.9391 given in the following trade opportunity alert that I received a few days ago for this pair. USD/CHF is set to reach 0.9391 in the next 2 trading days – as is indicated in the updated trade opportunity alert that I received today (displayed on the second chart below).

USDCHF

The following updated trade opportunity alert shows the recent progress of the pair toward the target level 0.9391:

USDCHF

As you can see from the following trade opportunity alert for GBP/JPY that I also received today through Autochartist’s email subscription, the price is set to reach the target level 137.366 in the next 4 trading days – as a consequence of the earlier breakout of the daily Rising Wedge chart pattern identified by Autochartist. The stop level for this bearish forecast is set at 147.98 (point B on the chart below, the top of this Rising Wedge). GBP/JPY needs to penetrate the support level 139.2645 (A) – to approach the target level 137.366 in the following four trading days.

GBPJPY