USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 110.20, 110.79, 111.00 Key Support Levels: 109.37, 109.00, 108.61 Daily Chart: The price on the higher time frame is in a clear upward movement where it posted higher highs and lows. As well, it is trading inside a bullish channel formation. We are in a middle of a correction where further movement to …
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GBP/JPY Potential Upward Movement
GBP/JPY Long-Term Trend: Bullish Key Resistance Levels: 156.08, 157.97, 158.00 Key Support Levels: 154.82, 153.87, 153.41 Daily Chart: The price on the higher time frame is in a clear upward movement where it posted higher highs and lows. We are in a middle of the correction which has the expanding wedge formation. Further upside movement is expected in the coming …
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USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 110.20, 110.79, 111.00 Key Support Levels: 109.37, 109.00, 108.61 Daily Chart: The price on the higher time frame is trending to the upside by posting higher highs and lows. the price recently managed to break the 109.37 USD resistance (now support). The market is in a middle of a correction above this level …
Read More »CAD/JPY Potential Upward Movement
CAD/JPY Long-Term Trend: Bullish Key Resistance Levels: 91.60, 92.75, 93.00 Key Support Levels: 90.85, 90.66, 89.92 Daily Chart: The price on the higher time frame is trending to the upside by posting higher highs and lows. the price recently managed to break the 90.84 USD resistance (now support). The market is in a middle of a correction above this level …
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CHF/JPY Long-Term Trend: Bullish Key Resistance Levels: 122.36, 122.65, 123.00 Key Support Levels: 121.82, 121.44, 121.00 Daily Chart: The price on the higher time frame is trading inside a bullish channel formation where it is posting higher highs and lows. Recently, the price violated and broke the daily resistance around the 121.82 USD (now support), and is retracing to it. …
Read More »EUR/NZD Potential Upward Movement
EUR/NZD Long-Term Trend: Bullish Key Resistance Levels: 1.6909, 1.7030, 1.7050 Key Support Levels: 1.6802, 1.6686, 1.6650 Daily Chart: The price on the higher time frame was rejected from the strong daily support around the 1.6686 and reversed to be traded with dominance of the bulls. Recently, the pair succeeded to break the daily resistance (now support) around the 1.6802 USD …
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EUR/USD Long-Term Trend: Bullish Key Resistance Levels: 1.2229, 1.2308, 1.2350 Key Support Levels: 1.2177, 1.2131, 1.2100 Daily Chart: The price on the higher time frame is trading inside a bullish channel formation where it posted higher highs and lows. Recently, the pair left a correction count near the trend line support. It failed to break the daily support to the …
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AUD/JPY Long-Term Trend: Bullish Key Resistance Levels: 85.12, 85.44, 86.00 Key Support Levels: 84.59, 84.13, 83.18 Daily Chart: The price on the daily time frame is trending to the upside where it posted a wedge pattern as a retracement. The pair succeeded to break it to the upside by using bullish candlesticks with huge bodies showing that the bulls are …
Read More »USD/CHF Potential Downward Movement
USD/CHF Long-Term Trend: Bearish Key Resistance Levels: 0.8990, 0.9046, 0.9092 Key Support Levels: 0.8931, 0.8890, 0.8855 Daily Chart: The price on the daily time frame is in a clear downtrend where it posted lower lows, and highs. Recently, the pair violated the daily support (now resistance) around the 0.8990 USD mark. It succeeded to break it and close below it …
Read More »USD/JPY Potential Upward Movement
USD/JPY Long-Term Trend: Bullish Key Resistance Levels: 109.48, 109.69, 110.00 Key Support Levels: 109.00, 108.61, 108.43 Daily Chart: The price on the higher time frame failed to break the daily support around the 108.61 USD level. It reversed and moved to the upside by managing to violate the strong resistance and closing above it. A retracement might be seen before …
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