On the weekly chart the price broke below important support and descending triangle. That support is now resistance between 104.50 – 105.50 and must be watched for rejection and resumption…
Read the post
JPY
EUR-JPY – TECHNICAL ANALYSIS for 2021
The pair formed double bottoms on the monthly chart in May 2020 rejecting the support around 115.00. The weekly chart is now within 3rd wave of the bullish trend, the…
Read the post
CAD/JPY – TECHNICAL ANALYSIS for 2021
The pair rejected strong support around 75.00 and started a bullish run. At the moment the price is attempting break above both dynamic and horizontal resistance between 81.50 – 82.00….
Read the post
NZD/JPY – TECHNICAL ANALYSIS for 2021
The pair broke above descending wedge on the monthly chart and broke above key resistance, above 73.50. The weekly chart is now within 3rd bullish wave, the first target for…
Read the post
