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EURUSD H4 | Potential bullish breakout

Forex

TitleEURUSD H4 | Potential bullish breakoutTypeBullish BreakoutPreference:The price could break out of the pivot at 1.10065, the multi-swing high resistance, and rise to the 1st resistance at 1.10645, the swing-high resistanceAlternative scenario:Alternatively, the price could continue the downward momentum to the 1st support at 1.09813, the overla

USDJPY H4 | Bullish bounce

Forex

TitleUSDJPY H4 | Bullish bounceTypeBullish BouncePreference:The price has bounced off the pivot at 141.776, the 78.6% Fibonacci retracement level. It is rising to the 1st resistance at 144.541, the swing-high resistance.Alternative scenario:Price could pull back from the pivot at 141.776  and reverse to the 1st support at 140.965, the swing-low sup

EURJPY H4 | Bounced off 78.6% Fibonacci level

Forex

TitleEURJPY H4 | Bounced off 78.6% Fibonacci levelTypeBullish BouncePreference:The EURJPY has bounced off the pivot point at 156.166, which is the 78.6% Fibonacci retracement level. The price could rise to the 1st resistance at 158.317, the swing-high resistance.Alternative scenario:The price could pull back and break the pivot point at 156.166, wh

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