• EURJPY reversed from resistance level 144.00
• Likely to fall to support level 140.00
EURJPY currency pair earlier reversed down from the pivotal resistance level 144.00 (top of wave (i) from the start of June), standing close to the upper daily Bollinger Band.
The downward reversal from the resistance level 144.00 will form the daily Evening Star – if the price will close now near the current levels.
Given the bearish divergence on the daily Stochastic indicator, EURJPY can be expected to fall further toward the next support level 140.00.
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies