GBPJPY continues to fall after the recent downward reversal from the resistance area lying at the intersection of the multi-month resistance level 149.30 (which has been reversing the price from May), upper daily Bollinger Band and the 61.8% Fibonacci correction of the previous downward impulse from April.
The downward reversal from this resistance area stopped the previous medium-term ABC correction (2) from the end of October.
GBPJPY is expected to fall further and re-test the next support level 147.00 (former support from September and October).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
