USDCHF Analysis - Price Breaks Out of the Symmetrical Triangle Pattern USDCHF breaks out eventually after a prolonged period of tapering movement within a symmetrical triangle design. The market was caught below the 0.92570 critical level, which is very prominent for price direction. USDCHF …
EUR/JPY Reaches Level 131.47 but Targets Resistance at 133.00
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair has continued to make a positive move but targets resistance at 133.00. The currency pair has reached the high of level 131.36. The pair is trading in the overbought region of the market. Prices tend to fall when the market reached the overbought …
GBPJPY Rebounds Upward From the 151.000 Significant Level
GBPJPY Analysis - Price Rebounds From the 151.000 Significant Level GBPJPY rebounds upward from an unlikely key level of 151.000. Sellers brought the market below the strong key level of 153.280. From there, the price was expected to plummet further, but the buy traders had other ideas. The market …
