There's a nice bearish setup on the USDJPY pair, but no sell signal as of yet. For that, we need to see a breakout of the neckline of the head and shoulders pattern, which can be now seen on the charts. What is more, there is a false breakout pattern at play, which is also promoting the drop. The pair coming above the red area will turn the situation on its head.
On the flip side, the NZDJPY is giving a buy signal, as the JPY is poised to weaken. This view is supported by the false breakout (expected over the long term) and the price surging above a major resistance. Now, the chart is showing us an additional flag in the mid-term, which is bouncing from a support. Overall, this appears to be a signal to buy, but we need to wait for the price to break the upper line of the flag first.
Gold lies between the horizontal resistance and the dynamic support (long term upwards trend line). We are now expecting a breakout here, which will give us a potentially super strong trading signal.