• EURJPY reversed from key resistance level 145.40
• Likely to fall to support level 142.00
EURJPY recently reversed down from the key resistance level 145.40 (which has been reversing the price from the start of March) intersecting with the upper daily Bollinger Band.
The downward reversal from the resistance level 145.40 created the daily Japanese candlesticks reversal pattern Shooting Star Doji.
Given the strong yen sentiment, EURJPY can then be expected to fall further toward the next support level 142.00.
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies