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EUR/JPY Retraces Above Level 130.26, May Resume Uptrend

EUR/JPY Retraces Above Level 130.26, May Resume Uptrend

Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: BullishSince December 20, EUR/JPY had been rising as it may resume uptrend. The currency price broke above the moving averages to reach the high of l 131.02. The market is retracing to the support above level 130.26. The 130.56 price […]

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EURUSD Is Trapped Between Major Levels

EURUSD Is Trapped Between Major Levels

EURUSD Price Analysis – December 3 EURUSD is trapped in a ranging market between major zones. The price is now moving sideways without a defined direction on the daily time frame. The market is seen to continuously form corrections after impulses. During October into mid-November, the market was in consolidation. The major levels formed resistance […]

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AUDJPY resumes bullish movement

AUDJPY Resumes Bullish Movement With an Impressive Strength

AUDJPY Price Analysis – January 3 AUDJPY resumes bullish movement with an impressive strength above the 83.030 key level. The market trend has adopted a bullish movement, and the price has therefore settled to proceed with this formation. Even though the sellers are present in the market, their effects are not as great as the […]

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Ethereum Faces Rejection at ,850, May Revisit ,452 Low

Ethereum Faces Rsejection at $3,850, May Revisit $3,452 Low

HighlightsEthereum plunges to $3,606Ether faces rejection at $3,850 high Ethereum ETH) Current StatisticsThe current price: $3,795.73Market Capitalization: $452,343,118,854Trading Volume: $10,046,065,017Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price January 2, 2022 Ethereum (ETH) price is in a downtrend and it may revisit $3,452 low. Since November 9 price rejection, the […]

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EURJPY Is Expected to Burst Upward in Accordance With Its Flag Pattern

EURJPY Is Expected to Burst Upward in Accordance With Its Flag Pattern

EURJPY Price Analysis – December 31 EURJPY is expected to explode in an upward direction after it conforms to a bullish flag pattern. Before the flag sheet began to form, the flag pole’s length had reached the 134.150 resistance level. Price can be seen undulating downwards through a channel. In doing so, it has violated […]

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