EURJPY Price Analysis – June 25 EURJPY gathers buying to 132.45, attempting to cross over the mid-132.00 threshold. During the early Friday recovery moves, the pair is up 0.10 percent intraday, increasing for the fourth session in a row. Key LevelsResistance Levels: 133.50, 133.00, 132.50Support Levels: 13200, 131.50, 131.00EURJPY Long term Trend: RangingThe EURJPY continues […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishUSD/JPY is in an upward move. The currency price is making a series of higher highs and higher lows. On June 17 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement. The retracement indicates that the Yen will rise […]
AUDUSD Price Analysis – June 24 The AUDUSD pair has been trending upward for the first 4 days of the week, lingering at the top end of its intraday trading range, around 0.7586, heading into the American session. Following a slight bounce in the prior day, the US Dollar Index struggles for traction while focusing […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishSince June 21, the USD/CAD upward move has been interrupted. The currency pair is facing rejection at the 1.2500 resistance level. The market is declining on the downside. If price breaks below the moving averages, it will accelerate the downward […]
CAD/JPY changed little in the short term as the buyers are exhausted. The bias is bullish, so the pair could resume its growth soon. It’s trapped within a minor continuation pattern, a valid breakout from this formation may signal an upside continuation. The pair has slipped lower after worse than expected Canadian retail sales data. […]
Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move since March. The currency price was making a series of lower highs and lower lows. The price is correcting upward to reach the previous highs. If price faces rejection at the recent high, […]
Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: RangingAUD/JPY currency pair is in sideways trend below level 85.00. The market fluctuates below level 82.00 and level 85.00. The price action is characterized by small body candlesticks.These candlesticks are indicating that buyers and sellers are undecided about the direction […]
EUR/USD has increased in the last hour and now is traded at 1.1905 level higher versus 1.1881 today’s low. Surprisingly or not, the USD has dropped even if the US Existing Home Sales indicator has reported better than expected data. The outlook remains bearish in the short term, but EUR/USD could develop a strong rebound […]
USDCHF Price Analysis – June 22 During European trading hours on Tuesday, the USDCHF pair is slightly higher from yesterday’s close at 0.9179 level. The pair has been rising rapidly into the 0.9200’s for the third day in a row. Ahead of FOMC Chairman Powell’s testimony, the US Dollar Index reclaims 92.00. Key LevelsResistance Levels: […]
