EURJPY recently broke the resistance area lying between the key resistance level 127.00 (former strong support from October) and the 61.8 Fibonacci correction of the previous downward impulse (C) from September.
The breakout of this resistance area accelerated the active short-term impulse wave 3 of the medium-term impulse wave (3) from January.
EURJPY is expected to rise further and re-test the next resistance level 129.00 (top of waves 4 and (ii) from November and December).
- Brent crude oil reversed from key support level 81.00 - Likely to test resistance…
- Silver broke multi-year resistance level 29.50 - Likely to reach resistance level 32.00 Silver…
The US dollar is not giving up without a fight, gaining for the second day…
Silver climbed above $29.8, rewriting the highs from January 2021, but once again faced selling…
Market picture The crypto market cooled off on Thursday afternoon, but on Friday morning, buyers…
- Amazon reversed from resistance level 190.00 - Likely to fall to support level 180.00…
This website uses cookies
