The currency pair is going in favor of the bears now.Overall market sentiment regarding the pair remains bearish.AUDJPY Weekly Price Analysis - June 13If the support level is broken the market will depreciate to a low at $79.115 price level.AUDJPY MarketKey Levels:Resistance levels: $85.840, …
EURCHF Converges at Confluence Zone to Resume Uptrend
EURCHF bears are seen to have driven the market to converge at a confluence between the short-term downtrend and the long-term uptrend. The Market trend reversed on the 18th of May 2020 upon reaching the 1.05100 demand zone. The bulls took charge and drove the price to 1.11500. Price was heavily …
USDJPY – Bulls Losing Momentum Gradually
Staying above EMA-50 can lead to strong growth for USDJPY.USDJPY is facing more pressure from the bears. USDJPY Weekly Price Analysis – June 11In case the resistance level of $110.000 holds, the price may decrease to the support levels at $103.509 $103.500, and $103.491.USDJPY MarketKey …
