Crosses Daily Forecast Apr 16 2015

EURGBP:  As long as 0.7225 resistance holds on a daily closing basis , outlook in EURGBP remains on the downside towards the 0.7145 levels ahead of the 0.7000 levels ,above 0.7225 faces a recovery risk towards the 0.7313/0.7380 levels before the next fall..

Crosses Daily Forecast Apr 16 2015_EURGBP

EURJPY :As long as 127.62/128.25 resistance holds on a daily closing basis , outlook in EURJPY remains on the downside towards the 126.00 levels ahead of the 124.75/123.80 levels ,above 128.25 faces a recovery risk towards the 129.75/131.70 levels before the next fall..

Crosses Daily Forecast Apr 16 2015_EURJPY

GBPJPY: As long as 176.61 support holds on a daily closing basis , the GBPJPY remains in recovery mode with risk to the upside towards the 177.50 levels where a break will open 179.25 next , sustained breakout below the 176.61 levels will restore the downside momentum and open the 174.85/173.15 levels ahead of 170.00 levels…

Crosses Daily Forecast Apr 16 2015_GBPJPY

MARKET DATA

UPCOMING ECONOMIC EVENTS

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