Big movement possible on AUDJPY

AUDJPY has broken through a line of 89.5680 and suggests a possible movement to 89.0663 within the next 14 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

Posible gran movimiento en el AUDJPY

El AUDJPY ha atravesado la línea de 89.5680, lo cual sugiere un posible movimiento en el nivel de 89.0663 en las próximas 14 horas. Ya ha probado esta línea en numerosas ocasiones durante el pasado, por lo que sería mejor esperar la confirmación de esta ruptura antes de llevar a cabo cualquier acción. Si no se confirma la rotura, observaremos un retroceso de nuevo

A final push possible on GBPUSD

GBPUSD is heading towards 1.2014 and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

EURJPY – psychological price line breached

EURJPY has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 142.4869 within the next 2 days.