USDJPY Key LevelsResistance: 111.000, 109.500Support: 108.550, 107.550USDJPY forms a zigzag pattern on the daily chart. USDJPY experienced a serious plunge through April this year. The Plunge reversed to a bullish momentum on the 23rd of April. Price has been bullish afterward.Price has rallied into …
EURCHF Continues Correction After a Large Impulsive Swing
Key LevelsDemand: 1.11300, 1.09700Supply: 1.08600, 1.07400EURCHF repeats the same consolidation pattern after volatile market moves. EURCHF experienced very volatile moves from 16th to 25th of February where it was consecutively bullish. The impulse move reached its highest on the eighth day after …
Yuppy Seeks Support to Aim for Higher Levels
EURJPY Key LevelsResistance: 132.000, 131.000Support: 129.500, 128.500EURJPY commonly known as Yuppy has been very bullish all through the year. It has continuously retraced to create support to push up to higher prices. It has bounced on the lower border of the ascending channel neatly and has …