Market Forecast 23/10/2017

The British Pound is in an uptrend above 149.80 vs the Japanese Yen. AUDUSD remains sell on rallies near 0.7830-40. GBP/JPY Forecast – British Pound Downsides Limited Key Points The British Pound climbed higher recently and moved above 149.00 against the Japanese Yen. There was a break above a major resistance trend line at 149.75… Continue reading Market Forecast 23/10/2017

Market Forecast 04/10/2017

The Euro is under pressure and testing an important support vs the Japanese Yen. GBP/JPY is also in the bearish territory and might continue to slide towards 149.00. EUR/JPY Forecast – Euro testing Crucial Support Key Points The Euro after trading above 133.00 against the Japanese Yen found sellers and declined. The EURJPY pair is… Continue reading Market Forecast 04/10/2017

Market Forecast 18/09/2017

The GBP/JPY pair remains in a bullish trend above 148.00 and dips present buying opportunity. On the other hand, upsides remain capped near 0.7250-0.7260 in NZD/USD. NZD/USD Forecast – Upsides Remain Capped Key Points The New Zealand Dollar managed to find bids near 0.7190 against the US Dollar, and recovered. There is a bearish trend… Continue reading Market Forecast 18/09/2017