AUDJPY is facing an increase in selling pressure and it could continue to slide if it breaks $79.467.Overall, the bears are in the dominance of the market. AUDJPY Weekly Price Analysis - June 20If the support level is broken the market will depreciate to a low at $79.115 price level.AUDJPY MarketKey …
EURCHF Finds the Strength to Rally Upon Reaching Key Support Zone
EURCHF Bounces up Upon Reaching Support at Confluence Zone EURCHF resumes uptrend after a dive into the support zone. The market experienced a major trend reversal on the 18th of May 2020. This was seen with a large bullish engulfing candle on the daily chart. The bulls aimed for a higher price but …
USDJPY – Staying In The Bullish Trend Zone
The overall outlook of the currency pair market is in a bullish trend. The bears have temporal control in the market. USDJPY Weekly Price Analysis – June 18Should the bear’s increase their momentum, the support level of $104.233 may be broken down, which may drop the price to the previous low of …