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GBPJPY REVERSES FROM HISTORIC KEY LEVEL

The GJ has rallied more than 500 pips since it broke with the 142.00 level and is trading inside of a massive bullish structure. If we look at the avg. weekly range of the past 3 weeks it´s exactly 204 pips. This week this pair has rallied 230 pips to a massive key level in […]

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USD/CAD Retests Level 1.2740, Resumes Downward

Key Resistance Levels: 1.4200, 1.4400, 1.4600 Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: Bearish The Loonie is on a downward move. The downtrend was a result of the rejection at 1.2850 High. The pair fell to level 1.263 and corrected upward. The upward correction also faced another rejection at 1.2750. Nonetheless, the […]

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