The currency pair now trades in the upper resistance area.USDJPY is facing more pressure from the bulls. USDJPY Weekly Price Analysis – December 31In case the support level of $115.082 holds, the price may increase to the resistance levels at $115.200 $115.214, and $115.221.USDJPY MarketKey …
USD/CAD Declines to Range-bound Zone, Unable To Sustain Above 1.2850 High
USD/CAD Long-Term Analysis: RangingUSD/CAD pair has been in a sideways trend but was unable to sustain above 1.2850 high. On December 16, the pair encounters a false breakout. The currency price has broken above the 1.2850 overhead resistances to reach the high of level 1.2963. The uptrend was …
EUR/JPY Retests 130.00 Historical Price Level, Reaches the Overbought Region
EUR/JPY Long-Term Analysis: RangingEUR/JPY is in a sideways trend as the pair reaches the overbought region.The Yen has been compelled to a sideways move as buyers fail to keep price above level 134.00 high. The currency pair has fallen to the low of level 127.70 and made an upward correction. The …
