EURJPY Forecast

The EURJPY continued it’s bearish scenario yesterday. On h4 chart below we can see that the price failed to make consistent move above the trendline then fell below the trendline indicating bullish failure. The bias is bearish in nearest term but we seem to have good support area around 131.50. Break below that area should trigger further bearish momentum towards 130.15. Immediate resistance at 132.50. Break above that area should lead us into no trading zone.

GBPJPY Forecast

The GBPJPY continued it’s bearish scenario yesterday. On h4 chart below we can see that the pair has break below important support 153.00. The bias is bearish in nearest term targeting 151.00. Immediate resistance at 153.00. Break above that area should lead us into no trading zone.

AUDUSD Forecast

The AUDUSD was traded lower yesterday. On h4 chart below we can see that the pair failed to maintain it’s bullish momentum then breakdown from the triangle indicating potential bearish view. The bias is bearish in nearest term but we seem to have good support around 0.7850 area. Break below that area should trigger further bearish momentum testing 0.7710 key level. Immediate resistance at 0.7925. Break above that area should lead us back into no trading zone.