USDCHF Analysis - The Market Bounces off Its Uptrend Confluence Zone USDCHF bounces off the confluence zone of its uptrend line and a descending channel within the key levels of 0.91570 and 0.91070. Following a decline in liquidity, the market retested the 0.92190 price line before dropping below …
Price Action Charts in Focus
EUR/JPY Consolidates Above Level 129.00, Reaches an Oversold Region
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair has broken below the moving averages as price reached the low of level 129.19. The previous uptrend is presumed to have been terminated. The downtrend may reach the previous low at level 128.30. At the previous low, the RSI for period 14 may reach the …
GBPJPY Bullish Revival Commences at a Significant Level
GBPJPY Analysis - Market Becomes Bullish as Revival Begins at 152.580 GBPJPY bullish revival begins at the 152.580 significant level. The price is set to resume being bullish after a revival occurs at this support level. Before now, there had been a serious dip in the market in which the price …
