EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downtrend as it faces rejection at level 138.31. For the past two weeks, the pair has been trading in the bullish trend zone. Buyers could not revisit level 140.00 overhead resistance, hence the downtrend. The selling pressure has been …
Price Action Charts in Focus
USDJPY: Preparing For an Upward Move
The currency pair is slightly in an upward momentum in the long-term outlook while the medium-term outlook is in a bearish movement. The pair is experiencing more pulls from the buyers trying to gain grounds, patience needs to be exercised.USDJPY Weekly Price Analysis – May 13An increase in bulls’ …
USDCHF Bullishness Continues to a 3-Year Market High
USDCHF Analysis - The Market Bullishness Drives It Around Its Three-Year Market High USDCHF bullishness has now driven it to a 3-year market high of around 1.00000. After tapering for many days in a consolidation position, the price burst out, breaking the 0.93770 significant resistance level and …
