GBP-CHF
In the daily time frame the pair got back to the resistance point (blue area) that is located between 1.4890 to 1.4830, in addition very close to the downtrend line peak of February 15th, due to the fact that the CC150 is still under the 100th level (blue level) there is a high potential that this area will be used as a good resistance to short position in the lower ranges.
Graph A:
Graph B:
Potential Trade
There is the Short position after the stop of the price pattern M or the breakdown of the range in the hourly time frame with half the indicator RSI of the 50th level downward.
Target- depth of the patter/range.
EUR-JPY
The pair presses on the upper area of the range in the weekly time frame after a major hammer that created a third channel point to the range. The CC150 indicator tries to give an angle above the 0 line and acknowledges the break out of the above range in the case that if it would occur.
In the 4 hour time frame the price did not make a Fibonacci resistance of the uptrend, so maybe the price will search for the better support levels from its current location before the above break out, the supporting levels are:
As can be seen by the graph bellow: