EUR/JPY Long-Term Analysis: BearishEUR/JPY has been in a downward move. The market has been declining after its rejection from level 134.00. The price upward move has been resisted by the 21-day SMA. A further downward movement is expected. On July 19, the market declined to the low at level 129.00. …
Price Action Charts in Focus
USDCHF Finally Breaks Lower; The Next Stop Is at 0.90780
Market Analysis – USDCHF Breaches the 0.91300 Weekly Support and Finally Breaks Lower USDCHF finally breaks lower from its symmetric triangle formation. The symmetric triangle formation, which took the market 28 trading days to create, was built on a solid foundation of the 0.91300 weekly support. …
GBPJPY Recovers From Bearish Dip; Price Powers to 152.580
Market Analysis - GBPJPY Withstands Bearish Dip; Price Recovers to 152.580 GBPJPY recovers from Bearish dip to pump price to the 152.580 key level. The 149.640 major support has been instrumental in the market's upward momentum. It prevented the fall in the price on two previous occasions. Each …