USDJPY is facing more pressure from the bulls. The currency pair is in a bullish trend both in the long-term and medium-term outlooks. USDJPY Weekly Price Analysis – June 4The breaking up of the $110.920 level by the bulls may increase the price.USDJPY MarketKey Levels:Resistance levels: $110.920, …
USDCHF Cup and Handle Reversal Pattern Set to Shoot Price Upwards
USDCHF Market Analysis – Cup and Handle Reversal Pattern USDCHF has formed a cup and handle reversal pattern. This means that the bulls are set to end the reign of the bears and shoot the price back upwards. The bears had initially plunged the market. This can be seen in consecutive bearish candles …
EUR/JPY Consolidates below Level 134.00, a Breakout Is Likely
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an uptrend. The pair has been on the rise as price bars are above the moving averages. The uptrend has been fluctuating below level 1.3400 since May 27. Meanwhile, on April 30 uptrend, a retraced candle body tested the 50% Fibonacci retracement …
