• USDJPY broke resistance level 137.50
• Likely to rise to resistance level 140.00
USDJPY recently broke the multi-month resistance level 137.50 (which has been reversing the pair from the middle of December).
The breakout of the resistance level 137.50 follows the earlier breakout of the 38.2% Fibonacci correction of the previous sharp weekly correction II from October.
USDJPY can be expected to rise further toward the next resistance level 140.00 (former minor resistance from last November).
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies