USDJPY is slightly going in favor of the bears.The currency pair could still increase despite a minor decline.USDJPY Weekly Price Analysis – July 9Should the bears increase their momentum, the support level at $104.233 may be retest.USDJPY MarketKey Levels:Resistance levels: $111.730, $111.735, …
USDCHF to Continue Upward Momentum With Bullish Flag
Market Analysis – USDCHF Employs a Bullish Flag Pattern to Continue the Upward Momentum USDCHF to continue upward momentum after employing the bullish flag formation. This is a repetition of a pattern that was carried out earlier in the year on the 22nd of February 2021.During this time, the market …
EUR/JPY Declines to Level 130.00 Low, Further Selling Likely below the Previous Low
EUR/JPY Long-Term Analysis: BearishEUR/JPY upward move has been terminated as it faced rejection at level 134.00 resistance. The currency price broke below the moving averages as the market resume selling pressure. Meanwhile, on June 21 downtrend; a retraced candle body tested the 50% Fibonacci …
