The price of USD/JPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
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If you’re long USDCHF you should be aware of the rapidly approaching level of 0.7937
USDCHF is about to retest a key horizontal support level near 0.7937. It has tested this level 5…
EURJPY – Large moves like this tend to draw attention.
EURJPY reached 172.4555 after a 0.79% move spanning 11 hours.
EURAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD was identified at around 1.780935 having recently rebounded of the support on the 4 hour data interval.…