EUR/JPY Long-Term Analysis: BearishEUR/JPY pair has recovered from the current downtrend as it reaches overbought condition at 128.87. The pair plunged to the low of level 124.39 and rebounded. The EURO is making an upward correction as price reaches the high of level 128.46. On the upside, if the …
Price Action Charts in Focus
USDCHF Has No Clear-Cut Direction in a Sideways Trending Market
USDCHF Analysis - The Price Has No Clear-Cut Direction as the Price Keeps Ranging USDCHF has no clear-cut direction as the market maintains its sideways trending movement. The latest activity has seen a double bounce off the price off the strong support level at 0.91570. In the lateral movement of …
Bears Bring GBPJPY Crashing Down to Earth
GBPJPY Analysis - Bears Bring GBPJPY Crashing Below 153.280 Bears bring GBPJPY crashing down to earth after the price plunges beyond the 153.280 significant level. After bouncing off the same significant level, buyers had earlier set the market on an uptrend. From there, the price moved up a trend …
