itexsys

well eurjpy never looked back after breaking that 128.80 we spoke of earlier in week. 131.10 initial support today.

keeping eye on usdcad support circa 1.4150 area, would prefer to buy a dip agst this first time of asking

#usdjpy a mere whisker away from aug 2015 flash crash low . 117.60 now strong ressitance target 115.80

#gbp flatlined overnight but unable to make any gains despie usd weakness elsewhere, price action and fundamentals suggests further decline

#eurusd sees relief rally as per normal but couldnt take eurjpy with it this time. Im not saying eurusd runs out of steam but cant buy here

#gbp sees 1.4215 resistance 1.4130 support, look to fade any rallies with target 1.4105. mindful of barriers building sub 1.400

#gbpjpy looks terrible 163.85 feb 2014 low initial target but in theory now doors open to 160.00-50 area

yet again #eurjpy tops at the 128.50-80 level which becomes more important, Europe session always seems to overcomplicate this cross

128.20 and 128.75 resistance eurjpy,127.30 support the past week would suggest fading extremes but our bias remains downside.

#nzd looks woeful, any rally to 64.10-25 area looking to sell into, market is short but has every reason to be,

#gbpjpy revisiting lows once more. 169.90, 170.55 resistance and support close to autumn 2014 lows of 168.08

#aud sees .6940-60 as decent sell zone , wrong above .6990 for move to .6820

for #nzd we see .6440 and .6460 as resistance and will look to fade into a short above 50, target .6360. support at .6405

as with yesterday we like many wait for a #nzd rally to re establish shorts but this scenario appears more and more unlikely in each session

commonwealth currencies continue to underperfom and the trades are a lot less crowded after a bout of profit taking

support for #eurgbp .7524 and .7460, resistance .7475 but target remains .7630

#eurgbp maintaining its perfect negative correlation with stocks and price action remains supportive given moves in other gbp crosses

looking at 127.80 again in #eurjpy as the important support line with short term support close at 128.05. resistance 128.35 and 128.80

the risk off #eurusd higher correlation although still intact seems to be wavering a tad to me so keeping close eye on #eurjpy this morning

yet another brief risk on environment ends as the same old stories unfold with China, yet another custard pie in the face of the bulls