EUR/JPY Long-Term Analysis: RangingEUR/JPY pair is in a sideways trend as it revisits level 133.00. The current upward move is likely to be short-lived as the currency pair trades in the overbought region of the market. The bullish momentum will extend to the previous high of level 133.00 where the …
Price Action Charts in Focus
GBPJPY Creates a Higher Low at the 153.280 Significant Level
GBPJPY Analysis - Price Creates a Higher Low Using 153.280 as an Anchor Level GBPJPY creates a new higher low using the 153.280 significant level as an anchor point. The price was about to embark on another cycle in its ranging phase. But the 153.280 level (which happened to be a resistance point …
NZDUSD Trades Lower as It Fails at a Critical Support
NZDUSD Analysis – Price Trades at a Lower Level After It Drops Below 0.67140 NZDUSD trades at a lower level after it fails to hold above the 0.67140 critical support level. The price dropped to the support level at the beginning of December 2021. Market purchasers were at a very low ebb as they …