| EURJPY Daily Forecast The EURJPY was indecisive yesterday. On h1 chart below we can see price is moving in a range area of 112.35 - 111.60 indicating consolidation. We need a break on either side to see clearer direction. I still prefer a bullish scenario at this phase and expect breakout to the upside testing 113.00/30 region. On the downside, break below 111.60 could trigger further bearish pullback testing 110.60 area.  |
GBPJPY Daily Forecast The GBPJPY had a bearish momentum yesterday but overall still move in my expected range area of 136.00 - 133.00. As long as price stay above 133.00, I believe the technical bias remains strongly bullish. However, break below 133.00 will lead us into neutral zone as direction would become unclear. Price likely to stay volatile in nearest term.  |
AUDUSD Forecast The AUDUSD continued its bullish momentum yesterday, slipped above 0.9467 but still unable to consistently move above that area so far. The bias is neutral in nearest term but the main scenario remains strongly bullish with 0.9506 as the nearest bullish target. Immediate support remains around 0.9330. Break below that area could trigger further bearish pullback testing the lower line of the bullish channel.  |
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