I am anticipating a general trend change for GBPJPY as momentum for the downside picks up. Asian session already broke the range to the downside. The key level I am looking at is 135.47. If it breaks this level and can hold below, I would be interested in sells.
EJ has been trading in a range since yesterday. Will be interested in selling if it breaks below 121.25 as it would indicate a trend change to Bearish. On the other hand if it breaks above 121.9 I would be interested to to go long as it breaks out of the consolidation.
Looking for an entry to short EA in the London session as it resumes bearish trend. If it breaks 1.6260 I would expect movement towards the previous Daily support. I wont be looking for any buys until it breaches 1.6366. Bear in mind that FOMC is tonight so movement may be sluggish.
Trend looks like changing for GJ as the momentum downwards seem to be continuing after a brief pull back earlier. If it breaks 134.95 downside to the daily support is expected. Higher risk sells from 136.20.
EURAUD looks good for a sell if it rejects breaking the high of the day. General trend is still bearish so sells are favourable. Can wait for rejection of Day high or sell stops below 1.6220 for a safer entry.
The Cable has made a double bottom at the daily support level and moving up as with all risk-on currencies. I would think that there is more upside to this pair still if it breaks 1.2680 up to the next daily resistance at 1.2700