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As we discussed in our last analysis, EURJPY was not expected more downward movement and it was predicted to have a bounce from immediate support zone, This is what happened in EURJPY last week movement, the price bounces from the support level. We will look for further upside movement and targets in our today analysis.   Please go through the weekly and daily EURJPY technical analysis written below.   Weekly Technical EURJPY Analysis   The weekly candle closing was spinning…

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The correction was expected in our previous analysis, This is what happened in EURUSD, the price bounces from the support zone and closes above the support in a weekly time frame chart indicates a more bullish move. We will look for further upside movement in our today analysis. I am sharing weekly and daily time frame technical thoughts below. Weekly Time Frame Forecast   Weekly candle closing above the support zone indicating that the price could start in a bullish…

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EURGBP is trading in the range of Pennant pattern in a weekly chart and descending channel in 4-Hour chart, the price move exactly according to the expectations as per our previous forecast. We will look and discuss for further movement expectations in our today analysis. Please go through the weekly and 4-Hour Technical analysis written below.   Weekly Time Frame EURGBP Technical Analysis   The pennant pattern is getting closer and price is getting narrow in a range. We will…

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In the previous analysis, the expected minimum bearish target was 1.37170, market moves down and hit our first target, made a low around 1.3670 and bounce back. There is still enough momentum in EURCHF for more selling but after the correction. I am sharing weekly and daily time frame analysis below to discuss next expected movement.   Weekly Time Frame EURCHF Technical Analysis EURCHF hit our first bearish target and bounce back in previous week closing day. The weekly candle…

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In our last analysis, it was expected the price could touch the target level 1.4840. EURCAD  price fails to touch its target level and bounce back. Weekly candle closes as a Doji which itself a confusion pattern between buyers and sellers. We have 2 different thoughts for next expected movement and sharing weekly and daily analysis for an overview. Please go through the analysis written at Liteforex. Weekly Time Frame EURCAD Analysis The weekly candle closing is a doji candle,…

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