EUR/JPY Long-Term Analysis: BullishThe currency pair price is making a series of higher highs and higher lows. EUR/JPY reaches the high of level 143.43 and it is currently retracing. Meanwhile, on April 29 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement …
GBPJPY Ready For a Sell-Off
GBPJPY Key Zones Resistance Zones: 153.500, 152.500Support Zones: 149.500, 148.500 GBPJPY Price Analysis The support level at 148.500 was retested which led to a rally in the market on the 24th of March. This resulted in the formation of an ascending channel as price drove higher. GBPJPY broke …
GBP/USD Struggles to Push Upside to the Point of 1.4200
GBP/USD Price Prediction – May 18The trade operations between GBP and USD have seen the base currency pushing harder against its counter trading instrument as price now trades at the value of 1.4200 or thereabout. Currently, the market is valued at about a 0.55% increase during the time of …