Check the scenario back in 2009; prices was down below bollinger's band and then went back to hit SMA(50), again back towards lower band line. The safest bet now is to hit 1.35 and then go back to 1.25 on "yearly basis".
EURJPY - compared to USDJPY & EURUSD.
Current EURJPY match the middle ground between USDJPY & EURUSD comparison. Small UP will certainly help the balance.
GBPUSD the systematic killer
It already did double bottom - the only way is UP but I think it will try 1.54-52 before any UP.
GBPJPY - compared to USDJPY & GBPUSD
GBPJPY need an UP trend to balance but with USDJPY testing DOWN it may take sometime.
GBPUSD vs GOLD vs OIL
Still waiting GOLD to break the UP trendline base.Phew if this run continues India, China & some african countries will be the richest with their gold stock & consumption.
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