NzdJpy could test 90 zone

Since the beginning of July, NzdJpy is pretty choppy, with spikes up and down.
However, the trend is still up, and with a very weak JPY we can expect a new leg up.
Also, yesterday the price reversed with a nice bullish engulfing which brings more confirmation.
I’m bullish as long as yesterday’s low is intact and my target is around 90

#Xau/Usd 1930 could be next for Gold

As I explained in my yesterday’s post, although Gold is still contained in large a descending channel, the small descending channel started at the beginning of the month could represent a warning for bears.
Yesterday, XauUsd tried twice to make a new low and failed, another indication that an upside move could follow.
At the time of writing, Gold is trading at 1899, above the falling resistance of the narrow channel and above yesterday’s high.
In conclusion, as long as 1883 is intact, I favor gains and the most obvious level for the target is 1930.

AudUsd could rise and test resistance (short term outlook)

Recently, AudUsd has dropped under important 0.65 support.
Alter a low at 0.6365, the pair find bids and has formed a bottom.
With DXY in a correction mode, here also we could see some gains and a retest of the broken level.
As long as the 0.64 zone is intact, I favor gains for this pair