GBPJPY recently broke through the support area lying between the key support level 145.80 (former resistance from August, which reversed the price earlier this month) and the 38.2% Fibonacci correction of the previous sharp upward correction from the middle of August.
The breakout of this support area accelerated the active impulse wave 3- which belongs to the medium-term impulse wave (3) from the start of October.
GBPJPY is expected to fall further and re-test the next support level 144.00 (target price for the completion of the active impulse wave (3)).
Nike: ⬆️ Buy - Nike reversed from the long-term support level 52.60 - Likely to…
Natural gas: ⬇️ Sell Natural gas broke support area Likely to fall to support level…
EURUSD: ⬆️ Buy - EURUSD broke the resistance area - Likely to test resistance level…
USDJPY: ⬇️ Sell - USDJPY broke support area - Likely to fall to support level…
The following economic data events are worth paying attention to in the new week. Wednesday…
The dollar index is experiencing a decline that resembles patterns seen in the 1980s and…
This website uses cookies
