EUR/JPY Long-Term Analysis: BullishEUR/JPY pair has retested the overhead resistance at level 133.17 but may further rise. The currency pair is now trading in the overbought region. The Yen is consolidating near the overhead resistance. The currency pair may further decline or rise to another high …
Price Action Charts in Focus
GBPJPY Finally Breaks Through Weekly Resistance Level
GBPJPY Analysis - Price Finally Breaks Through the 158.060 Resistance Zone GBPJPY finally breaks through the weekly resistance level at 158.060. Market sellers thought they had hijacked the currency pair due to its last failure to break through the resistance. The price slumped down and fell below …
NZDUSD Keeps Marching Upward; Confronts Key Resistance
NZDUSD Analysis - The Market Keeps Marching Upward but Encounters Resistance at 0.69460 NZDUSD keeps marching upward but faces potential resistance at the 0.69460 key level. This upward momentum started after the price touched down at 0.65330 and effected a reversal. The price started bouncing up a …