EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an upward move. In the first uptrend, the currency pair was resisted at level 132.50. The market declines to resume a fresh uptrend. The upward move will resume if price clears the initial resistance at Level 132.50. Meanwhile, on June 23 …
Price Action Charts in Focus
GBPJPY Is Recovering After Rebounding off Its Parallel Channel’s Centerline
Price Analysis – GBPJPY Is Recovering From Its Fall off Its Parallel Channel’s Middle Line GBPJPY is recovering after it was rejected by the centerline of its parallel channel. The market has generally been undulating in an ascending parallel channel. This started on the 15th of February 2021.The …
NZDUSD Is Set to Continue Its Consolidation Phase
Market Analysis - The NZDUSD Remains Within Its Range During the Consolidation Phase NZDUSD consolidation phase is set to last a little longer. The market has been locked in a consolidation phase since the end of last year. On the 5th of November 2020, the price rose in a bullish pump from the …
