EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downward move as price breaks below the moving averages. The breakdown is an indication of a further downward move. On November 12, the bears broke below the moving averages and the selling pressure extended to December 1. In other words, the …
Price Action Charts in Focus
USDCHF Encounters Resistance Again at 0.93770; The Market Falls
USDCHF Analysis - Price Encounters Resistance and Fails to Surpass Weekly Resistance USDCHF encounters resistance again at the 0.93770 significant level, and as a result, the price drops abruptly. The market has been working its way upward after a reversal at a confluence zone, which consists of an …
GBPJPY Bears Are Out to Test Key Support Zone Again
GBPJPY Analysis: The Bears Are Approaching the Critical Support Zone at 149.640 GBPJPY bears are set to once again test the resolve of the long-standing price support zone at 149.640. The support level contributed to the last upsurge in the market. It stopped the price drop and caused a strong …