EURJPY Wave Analysis

Nikkei 225 reversed from support level 30600.00 Likely to rise to resistance level 35000.00 Nikkei 225 index recently reversed up from the key support level 30600.00, former support from the end of 2023. The support level 30600.00 was strengthened by the nearby 61,8% Fibonacci correction of the previous weekly uptrend from the start of 2023. […]

Key Highlights USD/JPY is facing many hurdles near 148.00. A major bearish trend line is forming with resistance near 148.10 on the 4-hour chart. Gold prices jumped toward $2,050 before it faced resistance. Crude oil prices are recovering losses and trading above $75.50. USD/JPY Technical Analysis The US Dollar saw a major decline from well […]

Gold remains at the back foot at the start of the week, after Friday’s 0.8% drop and a weekly close below $2500. The metal’s price was deflated by US labor data on Friday, as employment increased below expectations but unexpected drop in jobless rate cooled fears about stronger weakness in the labor sector, contributing to […]