Price crossed 89 and 200 starting downtrend. Price bounces off near 8 in strong down move. Pullback to 21 is expected before resuming downtrend.
USD/JPY
Price crossed 89 and 200 starting uptrend. Price bounced off 8 & 21 zone once in strong down up move then pulled back to 21. 365 may provide support or short term congestion and uptrend resume is expected afterwards.
GBP/JPY
Price is in uptrend. 21 provided support for up moves. 365 is near and MACD is weak for several days, not following the up move. Up trend is slowing down. Pullback or correction to 89 & 200 is expected.
GBP/USD
Price closed below 21, crossed 89 & 200 and downtrend begins. It is expected to pullback to 21 and 89 before continuing down move.
GBP/NZD
Price is in downtrend. Strong down move has been corrected by pullback to 89. Price bounces off 21 in down move.
NZD/USD
Price is in correction of uptrend. Price bounced off zone between 21 and 89 forming triangular shape. Uptrend is expected.
AUD/USD
Price is in correction of uptrend in triangular shape. Correlation of several MAs near price. MACD is weak for several days. Horizontal line should provide support. Uptrend is expected.
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