EURJPY Forecast

The EURJPY was corrected higher yesterday. After huge bearish momentum on Wednesday, this upside pullback is normal and as long as the pair stay below 131.50 I still prefer downside scenario. Immediate support is seen at 129.40. Break below that area should trigger further bearish momentum towards 127.00 area. CCI in neutral area on h4 chart.

GBPJPY Forecast

The GBPJPY was corrected higher yesterday, topped at 152.34 and closed at 151.86. I think this is a normal correction after huge bearish movement on Wednesday. The bias is bullish in nearest term but as long as the pair stay below 153.00 area I still prefer downside scenario testing 145.00 in medium term. Immediate support at 150.20. Break below that area should trigger further bearish momentum.

AUDUSD Forecast

The AUDUSD had a moderate bullish momentum yesterday, topped at 0.7860 and closed at 0.7833. On h1 chart below we have minor bullish channel. I think this is a normal correction and as long as the pair stay below 0.7900 I prefer downside scenario re-testing key support level 0.7710.