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EUR/USD
Eur is heading towards the most important support at kumo lower band at 1.2650. Closing below will trigger another round of Eur selling. We are short, sit tight with stop at 1.2820.
GBP/USD
Gbp congested inside thick daily kumo did not change our bearish view. Sit tight on short with break even stop.
AUD/USD
It is the fourth time within a week that our buying suggestion missed the market by a small margin. The job growth in Australia released was far better than expectation. Trend is up. Move buying order up to 0.9161. If fill, stop at 0.9070.
USD/JPY
The authorities in Japan are ubiquitous in their disdain for the strong yen. Japanese corporations are repatriating Yen to Japan ahead of the Sept.30 half year mark for the fiscal year made us worry that yen may move towards the obscene number – below 80 in the immediate future. To be more exact, before Oct. Sell on rally is the only choice. 84.50 shall be the impossible high. Trade accordingly.
GBP/JPY
Yesterday’s high was capped by the psychological 130 level. We shall jump back on the bear train at the level that we have been stopped out for profit, i.e. 130.10. If fill, stop at 131.10.
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