USDCHF Analysis - Price Tapers Down in a Triangle Formation and Breaks to the Upside USDCHF breaks to the upside successfully after tapering down in a triangle formation for several months since the beginning of the year. The pattern started when price fell to 0.87600 on the 6th of January 2021. …
Price Action Charts in Focus
EUR/JPY Is in a Downtrend, Pauses above Level 129.00
EUR/JPY Long-Term Analysis: BearishThe currency pair is in a downward move. Since July 19, the EUR/JPY pair fell to level 129.00 low and resumed consolidation above it. The selling pressure will resume if price breaks below the current support. The pair is fluctuating above the current support but …
GBPJPY Is Setup for More Upside Movement
Market Analysis – More Bullish Movement Is Expected From GBPJPY Setup GBPJPY is setup for more bullish activities after a successful avoiding a drop. A step further to break to the upside of the uptrend line will all but confirm the market reversal. Price has been attempting this with the daily …
