Crosses Weekly Forecast Oct 26 2015

blank

EURGBP: As long as 0.7350 resistance holds on a weekly closing basis, the EURGBP remains in a pullback mode and further down couldn’t be ruled out, but downside move should be contained well by the 0.7077/0.6935 levels, above 0.7350 will restore the upside momentum and open 0.7500 levels.

Crosses Weekly Forecast Oct 26 2015-EURGBP

EURJPY: Medium term outlook in EURJPY remains neutral, the pair is trapped within 132.58/137.00 range, below 132.58 will open 129.78/128.38 levels before the next rise, above 137.00, will turn focus on the 139.00/140.87 levels..

Crosses Weekly Forecast Oct 26 2015-EURJPY

GBPJPY: As long as 183.97 support holds on a weekly closing basis, the GBPJPY remains in a recovery mode and further upside towards the 188.25 levels couldn’t be ruled out, further upside resistance comes at the 191.35 levels, below 183.97 faces a pullback risk towards the 180.55 levels before the next rise.

Crosses Weekly Forecast Oct 26 2015-GBPJPY

MARKET DATA

UPCOMING ECONOMIC EVENTS