The AUDJPY has broken out higher of the trading range/box it has been trading in recent times. The momentum of the past few months on this pair has been up, so the odds were price would breakout higher like it has. What happens next will become the key point for this market. Will this market now …
Price Action Charts in Focus
USDJPY Fight
The USDJPY has been in a tussle to break either higher or lower the past two weeks. Price has been trading in a very tight range and has been unable to move higher or lower to break this range. The best play in this market is to wait for price to make up it's mind on what way it wants to go. When …
EURJPY BEEB
The EURJPY has formed a Bearish Engulfing Bar (BEEB) on the daily chart. Price moved up and tested resistance before moving lower to close near the sessions lows. Support comes in close for this pair around 94.20. Price at a previous attempt to break this support saw price go higher. This market …