EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an uptrend but may rally to level 140.00. Presently, the upward move has been stuck at the resistance of level 137.54. Since March 28, the pair has been fluctuating below the recent high. The Yen will rise if price breaks above the resistance at …
Price Action Charts in Focus
USDCHF Bulls Maintain an Upward Ascendency
USDCHF Analysis – Bulls Maintain an Upward Ascendency Along Its Trendline USDCHF bulls maintain an upward ascendency as the price keeps up with its trendline. This means that the market keeps making consistent higher lows. The highs come at random, but the market has now broken an important key …
The Pound Strengthens Further Against the Yen From a Significant Support
GBPJPY Analysis - The Pound Strengthens Further Against the Yen From 159.680 The pound strengthens further against the Japanese yen on the back of the news that the BOJ would maintain an ultra-loose monetary policy. The yen enjoyed a period of respite after the price rose to 164.000 yen, where the …