– EURJPY reversed from key support level 156.00
– Likely to rise to resistance level 160.00
EURJPY currency pair recently reversed up from the key support level 156.00 (which has been reversing the pair from the start of August) standing close to the lower daily Bollinger Band.
The upward reversal from the support level 156.00 created the daily Japanese candlesticks reversal pattern Morning Star Doji.
Given the strength of the support level 156.00, EURJPY currency pair can be expected to rise toward the next resistance level 160.00 (target for the completion of the active wave iv).
USDJPY is rising due to changing rate expectations, as investors doubt rate hikes in Japan…
- EURUSD reversed from resistance zone - Likely to fall to support level 1.0450 EURUSD…
- GBPCAD reversed from strong resistance zone - Likely to fall to support level 1.8000…
Bitcoin between $95K and $100K is seeing ownership changes, with long-term holders selling and corporations…
- Gold broke daily Triangle - Likely to rise to resistance level 2750.00 Gold recently…
- EURGBP under bearish pressure - Likely to fall to support level 0.8200 EURGBP currency…
This website uses cookies