EURJPY is testing the 2014 high EURJPY is reaching the long-term broadening wedge upside resistance of 147.50. We can expect rejection if a substantial pullback in JPY pairs across the market happens. A confirmed break above this level is required and will open more upside continuation towards 150 and […]
EURJPY is reaching the long-term resistance Read More »
Daily market overview EURUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, GBPUSD, BITCOIN Click on the chart image to enlarge it USDJPY The pair is breaking for the first time above strong wedge resistance 118. It is reaching 2015 extreme 125 and is breaking above it. Look at this like the final stage
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USDJPY testing the narrow wedge resistance 1998 high USDJPY is breaking slightly above the 1998 high of 147.60. We can expect the rejection of the narrow wedge upside resistance 149 as this uptrend is maturing enough and is finishing the five waves upside. A confirmed break above 150 is
USDJPY in dangerous waters Read More »
Weekly market overview Forex, CFD’s, Cryptocurrency- DXY, XAUUSD, OIL, COPPER, S&P500, DAX, NIKKEI, EURUSD, USDJPY, AUDUSD, NZDUSD, USDCAD, GBPUSD, BITCOIN, ETHEREUM The strategy for the next week if price action aligns is waiting for a setup.
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NASDAQ bounce off 10500 NASDAQ needs to overcome 11000 for a medium-term uptrend reversal. A bounce off 10500 is a clear reversal signal and it is a confluence of the Fibonacci retracement support, horizontal support, and long-term wedge support. A break above 11000 will lead to a significant upside
NASDAQ is bouncing off the long-term wedge low Read More »
