EURJPY  

EURJPY closed @ 13430 which was unchanged. Today is the first trading day after the US Holiday and the Non Farm Payroll on last Thursday.  The Hourly Oscillators are bearish and price is below the MA, so the bulls have to be Sidelined. Hourly Trend is Sideways Down and Daily Trend is also Sideways Down, so expect the price to make lower lows while 13465 level holds.  The patterns are noisy but pointing lower while 13465 level holds, so any pull back higher will be a good Shorting opportunity.  We prefer to Short on pull back near 13465 level or strictly trade only at our levels.

GBPJPY  

GBPJPY closed @ 15690 which was below the open. Today is the first trading day after the US Holiday and the Non Farm Payroll on last Thursday.  The Hourly Oscillators are bearish and the price is below the MA, so the bulls have to be Sidelined. Hourly Trend is Sideways Down and Daily Trend is also Sideways Down, so expect the price to make lower lows while 15730 level holds.  The patterns are very noisy but pointing lower while 15730 level holds and any pull back higher will be a good Shorting opportunity.  We prefer to Short on pull back near 15730 level or strictly trade only at our levels.

AUDJPY  

AUDJPY closed @ 7655 which was above the open. Today is the first trading day after the US Holiday and the Non Farm Payroll on last Thursday.  The Hourly Oscillators are bearish and price is below the MA, so the bulls have to be Sidelined. Hourly Trend is Sideways Down and Daily Trend is also Sideways, expect the price to make lower lows while 7685 level holds.  The patterns are very noisy but pointing lower while 7685 level holds and any pull back higher will be a good Shorting opportunity.  We prefer to Short Cautiously on pull back near 7685 level or strictly trade only at our levels.