EURUSD Key Levels Support Levels: 1.21500, 1.20500Resistance levels: 1.23500, 1.22500EURUSD has been bullish on the market. A rising wedge pattern has been formed on the market. The upward trend of EURUSD is faced with resistance at 1.22500. The resistance has a zone that has been successful in …
Forex Strategies
USDCHF to Continue Bearish Momentum
USDCHF Key Zones Resistance Zones: 0.9210, 0.9300Support Zones: 0.8840, 0.8960USDCHF has been on a bearish momentum since the first day of April 2021. This is an abrupt change in direction of the market which had been experiencing a steady rise in price since the 16th of February 2021. There was a …
GBPJPY Ready For a Sell-Off
GBPJPY Key Zones Resistance Zones: 153.500, 152.500Support Zones: 149.500, 148.500 GBPJPY Price Analysis The support level at 148.500 was retested which led to a rally in the market on the 24th of March. This resulted in the formation of an ascending channel as price drove higher. GBPJPY broke …
