EUR/JPY Long-Term Analysis: BullishOn April 23, the EUR/JPY pair has broken the resistance at level 130.00 as the price rallied on the upside. With this breakout, the price action will confirm the Fibonacci tool levels. On March 18, a retraced candle body tested the 61.8% Fibonacci retracement …
Price Action Charts in Focus
EUR/GBP Finds Support above Level 0.8500, Targets Level 0.8850
EUR/GBP Long-Term Analysis: BullishEUR/GBP pair is an uptrend. The Pound is attempting to resume upward after retracing to 0.8600 support. The current uptrend is facing rejection at the recent high. A Fibonacci tool has indicated an upward movement of price. On April 14 uptrend; a retraced candle …
USD/CHF Resumes Downtrend After A Brief Uptrend, Faces Selling Pressure At Level 0.9500 Resistance Zone
USD/CHF Long-Term Analysis: BearishUSD/CHF pair has been in a downward movement for several weeks. The currency pair made a brief uptrend in March and April. A Fibonacci tool was used to determine the extent of the uptrend. On March 8 uptrend, a retraced candle body tested the 78.6% Fibonacci …
