AUD/JPY – Currency exchange rate forecast 25.05.2019: the upside prevails as long as 75.58 is support

AUD/JPY - Currency exchange rate forecast 25.05.2019: the upside prevails as long as 75.58 is support

Alternative scenario: the downside breakout of 75.58 would call for 75.36 and 75.22.

Our pivot point stands at 75.58.

Our preference: the upside prevails as long as 75.58 is support.

Alternative scenario: the downside breakout of 75.58 would call for 75.36 and 75.22.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 75.71 and 75.61).

Supports and resistances:

76.48 **

76.34 *

76.21 **

76.07

75.78 last

75.67

75.58 **

75.36 *

75.22 **

AUD/NZD – Currency exchange rate forecast 25.05.2019: above its upper Bollinger band

AUD/NZD - Currency exchange rate forecast 25.05.2019: above its upper Bollinger band

Alternative scenario: below 1.0560, expect 1.0550 and 1.0540.

Our pivot point stands at 1.0560.

Our preference: the upside prevails as long as 1.0560 is support.

Alternative scenario: the downside breakout of 1.0560 would call for 1.0550 and 1.0540.

Comment: the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.0562 and 1.0568). Finally, the AUD/NZD is trading above its upper Bollinger band (standing at 1.0576).

Supports and resistances:

1.0620 **

1.0610 *

1.0610 **

1.0600

1.0579 last

1.0570

1.0560 **

1.0550 *

1.0540 **

EUR/AUD – Currency exchange rate forecast 25.05.2019: the RSI is oversold

EUR/AUD - Currency exchange rate forecast 25.05.2019: the RSI is oversold

Alternative scenario: the upside breakout of 1.6218 would call for 1.6273 and 1.6305.

Our pivot point stands at 1.6218.

Our preference: the downside prevails as long as 1.6218 is resistance.

Alternative scenario: the upside breakout of 1.6218, would call for 1.6273 and 1.6305.

Comment: the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.6194 and 1.6210). Finally, the EUR/AUD is trading below its lower Bollinger band (standing at 1.6173).

Supports and resistances:

1.6305 **

1.6273 *

1.6218 **

1.6197

1.6169 last

1.6102

1.6070 **

1.6037 *

1.6005 **

EUR/CHF – Currency exchange rate forecast 25.05.2019: the upside prevails as long as 1.1209 is support

EUR/CHF - Currency exchange rate forecast 25.05.2019: the upside prevails as long as 1.1209 is support

The configuration is positive.

Our pivot point is at 1.1209.

Our preference: the upside prevails as long as 1.1209 is support.

Alternative scenario: the downside breakout of 1.1209 would call for 1.1190 and 1.1179.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.1223 and 1.1221).

Supports and resistances:

1.1284 **

1.1272 *

1.1261 **

1.1250

1.1226 last

1.1217

1.1209 **

1.1190 *

1.1179 **

EUR/GBP – Currency exchange rate forecast 25.05.2019: the downside prevails as long as 0.8844 is resistance

EUR/GBP - Currency exchange rate forecast 25.05.2019: the downside prevails as long as 0.8844 is resistance

Alternative scenario: above 0.8844, look for 0.8878 and 0.8898.

Our pivot point stands at 0.8844.

Our preference: the downside prevails as long as 0.8844 is resistance.

Alternative scenario: above 0.8844, look for 0.8878 and 0.8898.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 0.8823 and 0.8828).

Supports and resistances:

0.8898 **

0.8878 *

0.8844 **

0.8831

0.8815 last

0.8775

0.8755 **

0.8735 *

0.8715 **

EUR/JPY – Currency exchange rate forecast 25.05.2019: the downside prevails as long as 122.86 is resistance

EUR/JPY - Currency exchange rate forecast 25.05.2019: the downside prevails as long as 122.86 is resistance

Alternative scenario: above 122.86, look for 123.26 and 123.50.

122.86 is our pivot point.

Our preference: the downside prevails as long as 122.86 is resistance.

Alternative scenario: above 122.86, look for 123.26 and 123.50.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 122.61 and 122.57).

Supports and resistances:

123.50 **

123.26 *

122.86 **

122.71

122.53 last

122.06

121.82 **

121.58 *

121.35 **

EUR/NZD – Currency exchange rate forecast 25.05.2019: rebound towards 1.7204

EUR/NZD - Currency exchange rate forecast 25.05.2019: rebound towards 1.7204

Our preference: rebound towards 1.7204.

1.7060 is our pivot point.

Our preference: rebound towards 1.7204.

Alternative scenario: below 1.7060, expect 1.7006 and 1.6973.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (1.7105) but under its 50 MA (1.7131).

Supports and resistances:

1.7269 **

1.7237 *

1.7204 **

1.7172

1.7106 last

1.7082

1.7060 **

1.7006 *

1.6973 **

GBP/JPY – Currency exchange rate forecast 25.05.2019: the upside prevails as long as 138.49 is support

GBP/JPY - Currency exchange rate forecast 25.05.2019: the upside prevails as long as 138.49 is support

Alternative scenario: the downside breakout of 138.49 would call for 137.87 and 137.50.

138.49 is our pivot point.

Our preference: the upside prevails as long as 138.49 is support.

Alternative scenario: the downside breakout of 138.49 would call for 137.87 and 137.50.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 138.97 and 138.85).

Supports and resistances:

140.85 **

140.48 *

140.11 **

139.75

139.01 last

138.73

138.49 **

137.87 *

137.50 **

GBP/NZD – Currency exchange rate forecast 25.05.2019: our next up target stands at 1.9574

GBP/NZD - Currency exchange rate forecast 25.05.2019: our next up target stands at 1.9574

Alternative scenario: the downside breakout of 1.9326 would call for 1.9233 and 1.9178.

Our pivot point stands at 1.9326.

Our preference: our next up target stands at 1.9574.

Alternative scenario: below 1.9326, expect 1.9233 and 1.9178.

Comment: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.9388 and 1.9407).

Supports and resistances:

1.9685 **

1.9629 *

1.9574 **

1.9519

1.9407 last

1.9362

1.9326 **

1.9233 *

1.9178 **

NZD/JPY – Currency exchange rate forecast 25.05.2019: as long as 71.46 is support look for 72.02

NZD/JPY - Currency exchange rate forecast 25.05.2019: as long as 71.46 is support look for 72.02

Our preference: as long as 71.46 is support look for 72.02.

71.46 is our pivot point.

Our preference: as long as 71.46 is support look for 72.02.

Alternative scenario: below 71.46, expect 71.25 and 71.13.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 MA (71.68) but above its 50 MA (71.55).

Supports and resistances:

72.27 **

72.15 *

72.02 **

71.90

71.63 last

71.55

71.46 **

71.25 *

71.13 **