EUR/JPY Long-Term Analysis: RangingEUR/JPY pair is in a sideways trend but unable to breach 134.00 high. The currency pair has rallied to level 134.00 in May. Buyers could not continue the upward move as the market reached the overbought region. The market declined to level 128.00 and resumed a …
Price Action Charts in Focus
GBPJPY Bullish Strength Is Expected to Drive It Past 157.090
GBPJPY Analysis - Bullish Strength Would Lift the Market Past 157.090 GBPJPY bullish strength is at its peak and is expected to drive the market past its latest huddle at 157.090. Several days of bullish confrontation paid off as GBPJPY successfully breaks out of a long-drawn descending channel. …
NZDUSD Breaks Out at the Confluence Zone
NZDUSD Analysis - Market Confluence Zone Is Influential as NZDUSD Breaks Out NZDUSD breaks out of its ascending triangle pattern yesterday, January 3rd. The triangle pattern was formed at 0.6850 level, which formed a confluence zone. The market is seen to highly respect the technicals. The demand …
