USDCHF Key Zones Resistance Zones: 0.9210, 0.9300Support Zones: 0.8840, 0.8960USDCHF has been on a bearish momentum since the first day of April 2021. This is an abrupt change in direction of the market which had been experiencing a steady rise in price since the 16th of February 2021. There was a …
EUR/JPY Makes Positive Moves, Further Upside Is Imminent
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 …
