EURJPY

EURJPY is trading well above the daily open and above the prior week's high. The price is making higher highs and higher lows on the Hourly Chart . The Price has breached the U turn Zone and trading above the Resistance Zone 1 with the low being 10 pips shy of our Support Zone 1. The Hourly Oscillators are bullish but weak and price is moving away from the MA, so the bears have to be Sidelined. As Suggested and expected the price is moving higher . The patterns on the 5min chart are pointing higher but is approaching the daily level. Being the beginning of the week Cautious approach is needed . Conservative traders should look to be Sidelined and Aggressive traders should locking your profits and wait for re-entry.

GBPJPY

GBPJPY is trading well above the daily open and above the prior week's high. The price is making higher highs and higher lows on the Hourly Chart . The Price has breached the U turn Zone and trading well above the Resistance Zone 1 with the low being 10 pips shy of our Support Zone 1. The Hourly Oscillators are bullish but weak and price is moving away from the MA, so the bears have to be Sidelined. As Suggested and expected the price is moving higher . The patterns on the 5min chart are pointing higher but is approaching the daily level. Being the beginning of the week Cautious approach is needed . Conservative traders should look to be Sidelined and Aggressive traders should locking your profits and wait for re-entry.

AUDJPY

AUDJPY is trading well above the daily open and above the prior week's high. The price is making higher highs and higher lows on the Hourly Chart . The Price has breached the U turn Zone and trading well above the Resistance Zone 1 with the low being precisely at our Support Zone 1. The Hourly Oscillators are bullish but weak and price is moving away from the MA, so the bears have to be Sidelined. As Suggested and expected the price is moving higher . The patterns on the 5min chart are pointing higher but held at our daily level precisely. Being the beginning of the week Cautious approach is needed . Conservative traders should look to be Sidelined and Aggressive traders should locking your profits and wait for re-entry.