Market Analysis – Bullish Campaign Continues as USDCHF Eventually Broke Through 0.92300 Resistance USDCHF eventually broke through the 0.92300 key level to press on with its upward drive. USDCHF began the year having sunk to the 0.87600 demand level. The last time the price was at that level was on …
EUR/JPY Finds Support above Level 131.00, Resumes Upward Move
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an upward move. In the first uptrend, the currency pair was resisted at level 132.50. The market declines to resume a fresh uptrend. The upward move will resume if price clears the initial resistance at Level 132.50. Meanwhile, on June 23 …
GBPJPY Is Recovering After Rebounding off Its Parallel Channel’s Centerline
Price Analysis – GBPJPY Is Recovering From Its Fall off Its Parallel Channel’s Middle Line GBPJPY is recovering after it was rejected by the centerline of its parallel channel. The market has generally been undulating in an ascending parallel channel. This started on the 15th of February 2021.The …
