USDJPY continues to decline in the wedge

Earlier expectations for the Japanese currency proved to be wrong due to the weakening dollar. I assumed a weakening against other currencies, but here I expected a reaction. It was clear that investors were trying to break out on the supports and on the border with the triangle, but all attempts were too weak.

At the moment, we can see the continuation of the wedge formed and the weakening US Dollar against the Japanese Yen. We can expect to reach the next lower border of the formation, and depending on when it will come to price 102,100 next week.

EURUSD same scenario

As before, so now. We are in a downward trend, and going above the resistance will only give a positive signal to possible long positions.

Lagrad's statement about too strong the euro had an immediate effect in the form of declines in pair with the dollar, but it is not a correction in the shape of the letter "V" as many would probably expect. Currently, we are at the level of local resistance, and macro data for Europe and the US can be quite confusing on today's charts. Unfortunately, I expect a further weakening of the US dollar. At the same time, I am not convinced that in this case the Euro will be stronger than the USD.

GBPUSD continued to rise to a wide zone

The currency of Great Britain does not surprise us with anything, and goes where we assumed. The appreciation of the pound was conditioned by the previous economic situation and the strength of the currency in the previous years. Brexit only drives the entire mechanism of currency strengthening ... Only yesterday's correction was a bit deeper than I had assumed at the beginning.

The range of the pound is huge, but for now we are approaching a zone that is itself 90 pips. There he expects another halt and investors' scare off just before the end of the month :)

SILVER with resistance, further increase

Silver moves in the same way as gold. It can be said that it is gold that leads the silver, and it is often seen that the movements first occur in gold and then silver follows. Sometimes there are differences, but ultimately everything coincides.

Both silver and evil are at stake today. After entering the zone, silver has a chance to break out, but until it leaves the marked area, you cannot get too emotional.

Currently, I am waiting for the situation to develop, because nobody is chasing us nas ;)