EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downtrend but may resume upside momentum. The downtrend was accelerated as the currency pair faced rejection from the high of level 130.00. The Yen fell and hovered above the previous low at level 128.35. The Yen appears to have reached the …
Price Action Charts in Focus
USDCHF Market Still Lingers in the Consolidation Phase
Price Analysis: USDCHF Market Still Lingers at Consolidation Levels of 0.93560 and 0.90840 USDCHF market is still lingering at consolidation levels of 0.93560 and 0.90840. The price tendency in the market is said to have been rolling in a sideways phase. The bulls failed to go long while the bears …
GBPJPY Puts Pressure on the Weekly Supply Level
GBPJPY Analysis - Price Puts Pressure on the 158.060 Supply Level GBPJPY puts pressure on the supply resistance level at the 158.060 price level. After getting a foothold on 153.280, the price bounced upward towards the weekly supply on an uptrend line. The market easily bypassed the intermediate …
