USDCHF Analysis - The Market Bullishness Drives It Around Its Three-Year Market High USDCHF bullishness has now driven it to a 3-year market high of around 1.00000. After tapering for many days in a consolidation position, the price burst out, breaking the 0.93770 significant resistance level and …
EUR/JPY Drops Sharply as It Faces Rejection at Level 138.31
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downtrend as it faces rejection at level 138.31. For the past two weeks, the pair has been trading in the bullish trend zone. Buyers could not revisit level 140.00 overhead resistance, hence the downtrend. The selling pressure has been …
GBPJPY Bears Are Trying to Reclaim the Market
GBPJPY Analysis - Bears Are Looking To Reclaim the Market GBPJPY bears are now looking to reclaim the market after bullish strength was cut off at the 167.810 resistance level. The price then experiences an abrupt slump to the 159.680 significant support level. The price started another attempt …
