G10 Pairs

 

EUR/USD. Weekly range 1.0870 to 1.0607 for 263 pip range. Last week 257 pip range from 1.0799 to 1.0542, actual 1.0596 to 1.0776 = 180 pips.

Major break points 1.0686 and 1.0600, Above 1.0790’s.

EUR/JPY, Weekly range 122.50 to 119.47 for 303 pip range. Last week 295 pip range from 124.00 to 121.05, Actual was 208 pips from 122.86 to 10.78.

Major break points 121.43 and 120.35

USD/JPY. Weekly Range 113.04 to 112.23, for 81 pip range. This range warns big breakout. Last week 116.28 to 113.25 for 303 pip range. Actual 115.13 to 112.47 for 266 pips.

Major Break points, 114.56, 113.62 and 112.68

GBP/USD. Weekly Range 1.2444 to 1.2348, for 96 pip range. Last week 263 pips from 1.2296 to 1.2033, actual range 295 from 1.2100 to 1.2395.

Major break points,1.2399 and 1.2385

GBP/JPY. Weekly range 140.25 to 139.08 for 117 pip range. Last week 141.11 to 138.10 for 301 pips, Actual range 263 from 140.82 to 138.19.

Major Break points, 142.04, 141.27 and 139.50.

USD/JPY ready for big move, GBP/USD ready for big move, GBP/JPY will follow GBP/JPY. Could easily be USD higher week, means EUR/USD drops.

Brian Twomey

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