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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…
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…
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…
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…