EURJPY Forecast

The EURJPY attempted to push lower yesterday but the 129.00 support area still hold at this phase preventing further bearish attack and push price higher above the trendline indicating potential upside pressure testing 131.75 area. The bias is neutral in nearest term as price seems to consolidate now. Only a clear movement below 129.00 could continue further bearish scenario targeting 126.86 area.

GBPJPY Forecast

The GBPJPY attempted to push lower yesterday but the 141.99 area seems to be a good support at this phase as price rebound higher above the trendline after touched that level indicating potential upside pressure testing 144.85 area. Immediate support at 143.30. Break below that area and a movement back below the trendline could trigger another downside attempt re-testing 141.99 support area. Break below 141.99 area could produce further bearish momentum targeting 139.27.

AUDUSD Forecast

The AUDUSD continued its bullish momentum yesterday, topped at 0.9189 but still unable to stay consistently above 0.9180 so far thus could produce a false breakout scenario which trigger bearish momentum testing 0.9030 area especially if price break below 0.9120/30 support area today. This pair is in critical technical point at this phase. CCI just cross the 100 line down on h4 chart suggesting potential downside view. Consistent move above 0.9180 should trigger further bullish momentum testing the trendline resistance area and could be a serious threat to the bearish outlook testing 0.9327 area.