USDCHF Analysis – the Price Established a New Higher Low to Signal the Likely End of the Bearish Run USDCHF has established a higher high and a lower low, and it is likely at the end of its bearish run. The market began a bearish run in the middle of last year when the price failed to surmount the …
EUR/JPY Upward Correction Attracts Sellers at Level 132.60
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an upward move as price breaks the 50-day SMA. Uptrend proper will arise when price breaks above the moving averages. The upward move is currently facing resistance at the recent high. In the previous downtrend, a retraced candle body tested the …
GBPJPY Bulls Bounced off 151.300 to Continue Its Upward Momentum
Market Analysis – GBPJPY Aims to Surpass the Year's High After Bulls Bounced off of 151.300 The GBPJPY bulls bounced off the 151.300 key level to maintain their upward momentum. The British pound sterling has been strengthening itself against the Japanese Yen since the turn of the year. Just like …
