EURJPY Forecast

The EURJPY attempted to push higher yesterday, topped at 127.66 but closed lower at 127.27. The bias is neutral in nearest term. I still prefer a bullish scenario but we need a clear break above 127.88 resistance area to continue the bullish scenario testing 128.70. Immediate support at 126.70/25 area.

GBPJPY Forecast

The GBPJPY had a bullish momentum yesterday, topped at 144.62 and closed at 144.16. The bias remains bullish in nearest term but we need a clear break above 144.70 resistance area to continue the bullish scenario targeting 145.70 even 147.50 this week. Immediate support at 144.10. Break below that area could trigger further bearish pressure testing 143.20 region.

AUDUSD Forecast

The AUDUSD had a bullish momentum yesterday, topped at 0.9359 and closed at 0.9350. The bias remains bullish in nearest term still targeting 0.9404 before aim for 0.9500 area. Immediate support at 0.9280 area. Break below that area could trigger further bearish pullback testing 0.9222 region and might be a serious threat to the bullish scenario.

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