NZDJPY recently broke the daily up channel from the middle of June – which accelerated the active short-term impulse wave 3 from key resistance level 73.00.
The breakout of this daily up channel strengthened the bearish pressure on NZDJPY – accelerating the active impulse waves 3 and (3).
NZDJPY is expected to fall further and retest the next support level 71.50 (low of the previous short-term (b)-wave).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies
