EUR/JPY Long-Term Analysis: RangingEUR/JPY pair has resumed a sideways trend after price got stuck at level 134.00. On May 24, the first uptrend reached the high of level 134.00 but was resisted. Later the currency pair resumed a sideways move as bulls failed to break above the overhead resistance. …
Price Action Charts in Focus
GBPJPY Is Stabilizing on Support at a Mid-Range Level
GBPJPY Analysis – Price Is Stabilizing at the Middle Level of Its Recent Price Range GBPJPY is stabilizing itself after a routine drive by bears and bulls. The price dropped to 152.580 in another bearish session. But instead of the bulls hijacking the market immediately, the price is stabilizing …
NZDUSD Fires Down to a Prominent Zone After Bullish Grasp
NZDUSD Analysis - Price Fires Down to a Prominent Zone of 0.68700 Level of Significance NZDUSD fires down to a prominent zone of 0.68700 significant level. The bears trading in the market has been in a skirmish to draw price movement downward. The market bears, however, have succeeded in bringing …