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USOIL (WTI) Surges Ahead, Set for More Upside Momentum

Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BullishUSOIL has been rising consistently. The initial resistance at level 72.00 has been breached as price resumed an upward move. WTI is likely to face resistance in its upward move. The price indicator has signaled that the market has reached the overbought […]

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EURJPY Extends Bounce As Further Gains Lie Above 132.00 Level

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 […]

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USD/JPY Sustains Recent Rallies, Faces Rejection atlevel 111.00

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 […]

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