Crosses Daily Forecast Oct 16 2015

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EURGBP: As long as 0.7423 resistance holds on a daily closing basis, outlook in EURGBP remains on the downside towards the 0.7300/0.7250 levels, above 0.7423, faces a recovery risk towards 0.7500 levels before the next fall.

Crosses Daily Forecast Oct 16 2015-EURGBP

EURJPY: As long as 135.60/137.00 resistance holds on a daily closing basis, the EURJPY remains in a pullback mode and further down couldn’t be ruled out, support comes at the 134.80 levels where rebound is very likely, however; below 134.80, will extend the pullback towards the 134.20/133.95 levels before the next possible rise…

Crosses Daily Forecast Oct 16 2015-EURJPY

GBPJPY: Outlook in GBPJPY has turned neutral, support comes at the 181.45, while resistance comes at the 184.55. Above184.55 will open 186.25/18745 levels, below 181.45 will turn focus on the 180.00/178.57 levels.

Crosses Daily Forecast Oct 16 2015-GBPJPY

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