Weekly outlook 15.Jan.17

Markets will get very volatile this week so having a bias and levels beforehand is paramount to staying ahead.

10 year treasury yield monthly chart

2017-01-15_10yrty

Treasury yield is a key driver for usd and the monthly chart is clearly showing a rejection, and as long as supply is in control usd remains under pressure.

USD/JPY

Daily insidebar break comes in at 113.70 to open up the lows.

2017-01-15_usdjpy

Supply zones of note for UJ, where 116 zone offers great entries.

USD/CHF

2017-01-15_usdchf_d1

Clear head and shoulders pattern, currently halted by 8th dec.16 ECB demand imbalance.

2017-01-15_usdjpy

Supply zones to consider shorts.

All charts are for educational purposes only and are not considered an investment advice.

Miad Kasravi

Miad

View posts by Miad
Currency&Commodity Trader

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