Forex Update Going Into London

Asian Session has been quiet to start the week. After the big NFP move on Friday, I was expecting some gaps to form at the opening. Instead, everything has been trading tightly.

GBPJPY is consolidating just under 162.50.

EURJPY is making a small break out of Consolidation around 138.15

Cable is forming a squeeze along a prior S/R at 1.6717. Will be watching for a break to the upside for a possible BUY in the next hour, going into London open.

USDJPY is being squeezed down on the support of 97.50.

EURUSD has squeezed up against 1.4210.

AUDUSD is finding resistance at .8400.

USDCAD is forming solid bottom end support at 1.0810.

USDCHF is attempting to break below 1.08.

Live trade room will be open tomorrow at 06:30am London time.