EUR/JPY
While below 105.77 – 106.01 it is more likely to fall further towards 105.29 or 105.05. Premature rise above 106.01 could see it rising above 106.49 zone.

GBP/USD
Market should not go lower than 1.5776 – 1.5746. After this move down it should go up to 1.5822 – 1.5838 area.

GBP/JPY
It looks more likely that it would rise to 126.44 – 127.05 from 125.74 or 125.44. After which a downside move is expected.

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EUR/JPY
One move lower to 104.82 or 104.19 is anticipated while below 105.60 – 105.92 area. Stop loss above 106.38 zone.

GBP/USD
Our preferred outlook is for a drift down to 1.5833 or below 1.5816. Resistances are at 1.5850 and 1.5857. A rise above 1.5874 would delay but not abort this expected fall.

GBP/JPY
Should test support at 125.72 while below 126.22. If support at 125.72 holds it can rise up to 126.78, if not it should fall to below 125.23 zone.

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EUR/JPY
Currently uptrend should end around 105.54 – 105.02 area. A correction down to below 103.79 is expected. A rise above 105.46 will abort the expected correction.

GBP/USD
Current rise should end around 1.5848 or 1.5867. Objectives of this downmove are 1.5795 or 1.5756. A rise above 1.5901 is again bullish.

GBP/JPY
Current rise should end around 126.35. Objectives of this downmove are 124.96 or 124.05. A rise above 126.83 is again bullish.

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Recommend Purchase:

EUR/JPY
It should try higher up to 103.73 – 104.33. Entry point 103.13 or 102.78. After this rise, a correction is expected.

GBP/USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5816 or 1.5859 if support around 1.5757 hold. After which a pullback to 1.5757 – 1.5727 zone is possible.

GBP/JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 125.09 or 125.41 if support around 124.12 hold. After which a pullback to 124.12 – 123.77 zone is possible.

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EUR/JPY
While above 102.34 – 101.96 zone a corrective dip could test 102.73 or 103.26.

GBP/USD
It is likely to fall towards 1.5664 – 1.5635 unless a corrective rally breaks the 1.5715 resistance. Stop above 1.5729 zone.

GBP/JPY
While below 123.30 – 123.53 it is more likely to fall further towards 122.86 or 122.64. Premature rise above 123.53 could see it rising above 123.96 zone.

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EUR/JPY
It should trade higher to 103.54 while 102.68 or 102.43 offers support. Stop loss below 102.17 zone.

GBP/USD
It is likely to fall towards 1.5634 – 1.5576 unless a corrective rally breaks the 1.5731 resistance. Stop above 1.5760 zone.

GBP/JPY
It should try higher up to 123.13 – 123.61. Entry point 122.65 or 122.39. After this rise, a correction is expected.

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EUR/JPY
It looks more likely that it would rise to 102.91 – 103.52 from 102.28 or 101.97. After which a downside move is expected.

GBP/USD
Preferred outlook is for a drift down to below 1.5716. Resistances are at 1.5766 and 1.5784. A rise above 1.5797 would delay but not abort this expected fall.

GBP/JPY
It looks more likely that it would rise to 122.76 – 123.21 from 122.25 or 122.02. After which a downside move is expected.

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EUR/JPY
Current move should be supported in 102.20 – 101.86 zone for a rise to 103.61. A break below 101.48 opens the way down.

GBP/USD
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GBP/JPY
It looks more likely that it would rise to 122.87 – 123.59 from 122.10 or 121.74. After which a downside move is expected.

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