USDCHF Analysis - Price Crashes to Its Uptrend Line at 0.92190 USDCHF crashes to its uptrend line around the 0.92190 significant level. Having attained the highest point they had around April last year, the buyers became exhausted and began dropping. All attempts to revive the price were blocked at …
Price Action Charts in Focus
EUR/JPY Reaches an Overbought Region, Resumes Downtrend
EUR/JPY Long-Term Analysis: BullishOn March 28, the EUR/JPY pair surged to the high of level 137.54 and resumes downtrend. The bulls broke the overhead resistance at level 133.15 but were repelled at the recent high. The downtrend is likely to resume as the pair faces rejection from the recent high. …
GBPJPY Weakens After Rising to a Significant Resistance Level
GBPJPY Analysis - The Market Weakens After a Surge to the 164.000 Resistance Level GBPJPY weakens after it surges upwards to the 164.000 resistance level. Bears were set to manipulate the market direction downward and had plunged the price below the 153.280 significant level. But the buy traders …