• USDJPY broke key resistance level 137.30
• Likely to rise to resistance level 140.00
USDJPY currency pair recently broke the key resistance level 137.30 (which stopped the previous minor impulse wave 3 earlier this month).
The breakout of the resistance level 137.30 accelerated the active short-term impulse wave 5 of the intermediate impulse wave (5) from the start of August. Given the clear daily uptrend, USDJPY can be expected to rise further toward the next resistance level 140.00 (which stopped the earlier extended impulse sequence (3) in July).
- 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