22 SEPTEMBER 2021

SPOTLIGHT

INSTRUMENT: NZDJPY
ANALYSIS: On H4 chart, our forecast is bearish shark. After price breakout of the channel and retesting the trendline, Price is expecting from the region to continue bullish trend to complete bearish shark at 79.194/79.595, if price break above the region next target is 80.761/81.257 region.
A break below 75.200 region will invalidate the analysis.
PREFERENCE: Bearish Shark.

INSTRUMENT: GBPUSD
ANALYSIS: On H4 chart, our forecast is bearish Shark. Price is expecting to continue bullish trend from the region to complete bearish shark at 1.40838/1.41852/1.42518 region.
A break below 1.35960 region will invalidate the analysis.
PREFERENCE: Bearish Shark.

INSTRUMENT: NZDUSD
ANALYSIS: On H4 chart, our forecast is bearish shark. Price is expecting to continue bullish trend to complete bearish shark at 0.72196/0.72689 region, if the price break above the region, next target is 0.73507/0.73763 region.
A break below 0.68700 region will invalidate the analysis.
PREFERENCE: Bearish Shark.

INSTRUMENT: EURAUD
ANALYSIS: On H4 chart, our forecast is bullish shark. Price is expecting to continue bearish trend to complete bullish shark at 1.58797/1.58348 region.
A break above 1.62700 region will invalidate the analysis.
PREFERENCE: Bullish Shark.

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