EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downward correction as price attempts to break above the 21-day moving average line. If buyers push the pair above the 50-day moving average line, the currency pair will be in the bullish trend zone. The market will rise to retest the previous …
Price Action Charts in Focus
GBPJPY Slides Down to Test the Critical Support Level at 149.000
GBPJPY Analysis - Price Slides Down as Bears Examine the 149.000 Level GBPJPY slides down as bears return to prove the 149.000 critical support level. There was resistance at different price levels going downward for the market. Notably, the major resistance to the fall in price was at 152.500. …
NZDUSD Reaches a Year Low After Falling Beyond a Critical Level
NZDUSD Analysis - Price Reaches a Year Low as It Breaks 0.68000 NZDUSD reaches a year low after it falls below the 0.68000 critical level. Having broken the neckline of a slanting double top formation, the price dropped beyond the 0.69880 support level and also broke through 0.69460. The price then …