Forex technical analysis: USDJPY trades near highs. Option expire in play

as declared in 2.4B expires at 112.30Mike says me, the 112.30 standard has 2.4 bln expiring at 112.30 & we currently trade at 112.30. That advantages sellers of option that need to see the decay go right to 0. That perhaps be what the greedy sellers are hoping for as the clock ticks to the ten AM ET/1600 GMT option expire time. The hundred day MA comes in at 111.71. The 200 day MA comes in at 111.72.

Forex technical analysis: GBPJPY ping pongs from backing to resistance

Moving into cluster of resistance area... Buyers leaned against the double backing area. This 1 Information Systems defined with a downward sloping trend line at 149.15 currently, & the 200 bar MA on the 4-hour map at 149.112. So the fall stalled at key backing & the rally stalled at a key resistance area. The 1st aim would be the 38.2% at 149.26, followed with the 200 bar MA on the 4-hour map & another trend line at 149.378.

Forex technical analysis: AUDUSD saving the downtrend alive

as mentioned in Not a large change in an up & drop session however sellers in controlThe AUDUSD has been trading higher & reduce today. The value Information Systems currently reduce on the day, however not with a lot. That channel trend line was in reality broken on Friday however was quickly rejected (see red shaded area). ON Friday, the value decline was capable move away from a broken trend line (more bearish). That trend line currently comes in at 0.7582.

collected by :John Locas