Crosses Daily Forecast Aug 19 2016

EURJPY: Price Hesitation Sets In ! GBPJPY: Recovers With Caution !

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EURJPY: Price Hesitation Sets In !

EURJPY:As long as 113.75/114.45 resistance – broken support – holds on a daily closing basis, the EURJPY remains on the downside towards the 111.10 levels, ahead of the 109.27 levels, above 114.75 sees a recovery risk to the 117.13/117.88 levels. Conclusion: The EURJPY continues to face downside threats below the 113.27 levels…

Crosses Daily Forecast Aug 19 2016-EURJPYGBPJPY: Recovers With Caution !

GBPJPY: As long as 130.00 support holds on a daily closing basis, the GBPJPY remains in a recovery mode and further upside couldn’t be ruled out, but recovery above 130.00 should be limited by the 133.75/135.95 levels…Below 130.00 will restore the downside momentum and open the 128.66/126.92 levels…

Crosses Daily Forecast Aug 19 2016-GBPJPY

 

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