EURJPY: The first clear bearish candle closed just above the ascending trend line (some call it demand line) on the weekly chart. Trend remains on the upside but bullish momentum is weakening. Stochastic has crossed and turned downwards could signal top of 169.95 in place with possible retracement towards 165.61/64 area.

GBPUSD: A strong finish on the Dollar now has turned the momentum bearish after break of the ascending trend line. Next target now towards 1.9694 with break below 1.9648 would see further decline towards 1.9408 area. Upside resistance unchanged at 2.0033 before high of 2.0156.