Crosses Monthly Forecast Oct 2016

EURGBP: Bullish Eyes The 0.8815 Levels...EURJPY:Bearish Despite Recovery Attempts...GBPJPY, Sees Further Bearish Momentum After Resistance Rejection !!!

EURGBP: Bullish Eyes The 0.8815 Levels…

As long as 0.8475/0.8342 support holds on a monthly closing basis, the EURGBP remains on the upside to the 0.8815 levels, a break would open 0.9081 levels. On the downside, below 0.8342 sees a pullback risk to the 0.7600 levels before the next rising. (minor support comes at the 0.8116 levels).

crosses-monthly-forecast-oct-2016-eurgbpEURJPY:Bearish Despite Recovery Attempts…

As long as 115.42 resistance holds on a monthly closing basis, the EURJPY remains on the downside to the 109.27/105.97 levels, a halt is likely, but a cut would open 98.50 levels. On the upside, above 115.42 sees a recovery risk to the 121.70/128.30 levels…

crosses-monthly-forecast-oct-2016-eurjpyGBPJPY, Sees Further Bearish Momentum After Resistance Rejection !!!

As long as 139.10 – broken support turned resistance – holds on a monthly closing basis, the GBPJPY remains on the downside to the 125.67 levels, a halt is likely but a cut would open 116.82 levels. Above 139.10 sees a recovery risk to the 147.60/154.70 levels…

crosses-monthly-forecast-oct-2016-gbpjpy

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