EURJPY Forecast

The EURJPY made indecisive movement on Friday, formed a Doji on daily chart. On h4 chart below we can see that the we have another upside pressure testing 133.77 key resistance area this morning. Consistent move above that area should confirm the bullish scenario targeting 135.40 area. Immediate support at 133.00 area. Break below that area should lead us into no trading zone but as long as price stay above the trendline support (red) I still prefer a bullish scenario.

GBPJPY Forecast

The GBPJPY also made indecisive movement on Friday. On h4 chart below we can see that the battle now is between the trendline support (blue) and the trendline resistance (red). I prefer a bullish scenario and expecting breakout above the trendline resistance targeting 150.69 area. However the bias is neutral in nearest term. Immediate support at 148.00 area. Break below that area should trigger further bearish momentum testing the trendline support area and could be a serious threat to the bullish outlook.

AUDUSD Forecast

The AUDUSD had a significant bullish momentum on Friday. My technical bearish strategy on shooting star candlestick pattern was fail. This fact should continue the bullish scenario targeting 0.9404 area. Immediate support at 0.9250 area. Break below that area should lead us into no trading zone but as long as price move in the bullish channel I still prefer a bullish scenario at this phase.