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Fx Promo Daily Analysis Day 31-10-2016

Fx Promo Daily Analysis Day 31-10-2016

EUR/USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1009 or 1.1020 if support around 1.0956 hold. After which a pullback to 1.0956 - 1.0939 zone is possible.
EUR/JPY
One move lower to 114.661964 or 114.256958 is anticipated while below 115.196991 - 115.399490 area. Stop loss above 115.732010 zone.
GBP/USD
It should test 1.2251 area after which a sell off down to 1.2134 or extended to 1.2075 area is expected.
GBP/JPY
It should consolidate between 127.321655. A break of one of these points would cause further bullish or bearish move.
Key Point

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