The GBPJPY could have found a support around the 200 day EMA at the 156,63 level. Since the pair is over-extended to the downside, it is prone to a correction.
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Gold is at eight year highs and it may continue rising towards the 8000 level, which could act as resistance. To the downside, the 7000 level could act as support.
The GBPJPY is in a well defined range between the 132,00 as support and the 135,00 has resistencia. The price may break in any direction, but it is currently trying to break below the 132,00 level.
The GBPUSD finally breaks below the 200 day EMA and the 1.2900 level to reach the 1.2800 zone for the first time since November of last year. The pair may find some support at the 1.2800 level, but it may continue lower.
The GBPUSD has found a good support around the 1.2900 level, where we can also find the 200 day EMA. A breakdown of that level could take the pair to the 1.2800 zone. To the upside, the 1.3000 level could act as resistance.
The GBPUSD falls to the 200 day EMA, just below the 1.2900 level where it may find a support. In case of a bullish bounce, the 1.3000 level could act as resistance where we can also find the 55 day EMA.
The USDJPY finds a good resistance at the 110.00 zone where it consolidates for a couple of weeks. Above that level, the 111.00 level could act as resistance. To the downside, the 109.00 level could act as support.
The USDJPY finds a good resistance level around the 110.00 level, but the most frequent the price touches that level, the higher the probabilities of a breakout.
Very good rally on the USDJPY to the 110.00 level, which could act as resistance. In case of continuing higher, its next resistance could be the 111.00 zone.
The volatility on the USDJPY has increased with the coronavirus scare. The pair rallies above the 109.00 level, but it may find a resistance zone around the 110.00 level.
A golden cross pattern has formed on the daily USDJPY chart around the 108.63 level, where the 55 day EMA crossed above the 200 day EMA. The golden cross has bullish implications, but the high at the 109.71 level could act as resistance.
The GBPUSD has found a resistance around the 1.3200 level, but it is still trapped with the 1.3100 level acting as support. The bullish trend on the daily chart is still in place, but a correction to the 1.3000 level could be possible.
The USDJPY breaks above the 109.00 level, but it may find some resistance around the 109.50 level where we can find the 55 week EMA. The 110.00 level may also act as resistance. To the downside, the 108.00 zone may act as support.