EURJPY Forecast

The EURJPY had a significant bullish momentum yesterday, moved back above the trendline after rejected to move below 38.2 Fibo retracement support area indicating bullish scenario remains intact. The bias is bullish targeting 133.77 area. Break above 133.77 should trigger further bullish momentum towards 135.40 area. Immediate support at 132.60 area. Break below that area should lead us back into no trading zone as direction would become unclear for me.

GBPJPY Forecast

The GBPJPY had a bullish momentum yesterday, topped at 148.44 and closed at 147.85. On daily chart below we can see that the trendline support did good job preventing further bearish momentum, keep the bullish scenario intact. The bias is bullish in nearest term targeting 148.95 area. Immediate support at 147.30/50 area. Break below that area should lead us into no trading zone as direction would become unclear for me.

AUDUSD Forecast

The AUDUSD had a significant bullish momentum yesterday, topped at 0.9216, closed at 0.9196 and traded higher around 0.9250 at the time I wrote this comment. The bias is bullish in nearest term targeting 0.9292 area. Break above that area should lead us to a new bullish phase targeting 0.9404 area. Immediate support at 0.9190. Break below that area should lead us into no trading zone but I still prefer a bullish scenario at this phase.