EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downward move. The pair is falling after rejection at level 130.50. As price breaks below the moving averages, the currency pair is likely to further decline. The market is expected to revisit the previous low at level 128.00. The uptrend will …
Price Action Charts in Focus
GBPJPY Upward Momentum Is Being Repressed at 152.580
GBPJPY Analysis - Market Upward Momentum Is Being Repressed Below the Downtrend Line GBPJPY upward momentum is being repressed after it hits the 152.580 key level. Sellers have finally found a way to curtail the strong bullish momentum of the market at this level. Price had released bearish …
NZDUSD Resists Bear Advances to Rebound Upwards
Market Analysis - NZDUSD Resists the Plunge From the Bears to Bounce Upwards NZDUSD resists bear advances to drown the market and has bounced back upwards via the 0.70900 demand level. Sellers had stepped in to cut short the bullish move in the market. Price rally started on the 19th of August 2021 …