USDJPY looks bullish in the long-term outlook and in a bearish structure in the medium-term outlook.Sellers may take their desired position in the key areas. USDJPY Weekly Price Analysis – May 27If the bears’ pressure breaks down the support level of $126.361, the price may decrease to the $121.278 …
Price Action Charts in Focus
USDCHF Dips Strongly After Reaching a Climax
USDCHF Analysis - Price Dips Strongly After Reaching the 1.00600 Climax USDCHF dips strongly after reaching a climax at 1.00600. The price broke out from a long-drawn consolidation on the 11th of April and skyrocketed by 7%, breaking several price barriers. However, after ascending to 1.00600, the …
EUR/JPY Reaches Overbought Region, Struggles below Level 137.00
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an uptrend as it struggles below Level 137.00. The price broke below the moving averages and later resumed above the moving averages. The pair will rise and retest level 140.00 price level. Meanwhile, on March 28 uptrend; a retraced candle body …
