Technical Analysis

EURJPY Price Analysis – August 16 The pair depreciated again in value against the Japanese Yen. The currency pair during the mid-week breached both the upper and lower horizontal lines on the moving average 5 and 13 while completing another lap on the low in today’s session towards the low level at 117.50. Key Levels […]

Stock markets rallied yesterday, the S&P 500 in particular was very strong. The US index has retraced nearly 62% of the recent decline from the all-time high. The FTSE 100 is lagging, the UK index has retraced 23% of its decline. Both FTSE 100 and S&P 500 are in a second wave up. Second waves are generally […]

Ripple (XRP) Price Analysis – July 24 After testing the long-term demand zone ($0.28 – $0.29) last week, the market saw a little price growth to the $0.34 area, from where the XRP bears stepped back into the market. As of now, the price is steadily falling back to this demand zone. However, the cryptocurrency […]

EURJPY Price Analysis – July 19 Given that the money swapping scale has turned around from the lower limit of a slipping trendline design, almost certainly, the pair could go for the upper band of the channel design at 122.29 before the finish of the present exchanging session. Key Levels Resistance Levels: 127.52, 123.01, 121.66 […]

Feedback PLC shares (LSE:FDBK) currently have a bearish momentum on them and this is expected to continue to play out very. Price has been having a series of upswings and downswings in recent times and right now, it is below the EMA 21. At the same time, the Williams” % Range period 20 is sloping […]

GBPJPY Price Analysis – July 17 In the wake of attempting to clear the 137.80 level, the British Pound began a solid decay against the Japanese Yen. The GBPJPY pair even broke the key technical zone on the level at 135.39 to post another multi-month low. Key Levels Resistance Levels: 148.66, 143.68, 137.80 Support Levels: […]

EURJPY Price Analysis – July 12 EUR, as traded against the JPY, is depreciating to the JPY’s value and the pair EURJPY may breach major barriers in the present session, although no significant difference in the pairs downward outlook for now. Key Levels Resistance Levels: 126.30, 124.03, 123.01 Support Levels: 121.66, 121.02, 120.00 EURJPY Long […]

USDCHF Price Analysis – July 10 As the greenback remains mixed for its inflows the CHF took advantage of its recent strength early in the day by pulling the momentum to its side and dragging the pair downwards. The USDCHF has seen action mostly to the downside today but may find support buying near its […]

EURJPY Price Analysis – July 5 EURJPY has been consolidating sideways early in the trading session, as for the near future, it is likely that the euro zone single currency could continue to trade south during the following trading sessions.   Key Levels Resistance Level: 127.95, 126.30, 124.03 Support Level: 122.29, 121.60, 121.02   EURJPY […]

Tomco Energy stock (LSE:TOM) has experienced a bullish breakout following a protracted and boring ranging movement, which lasted for several months. There was a gradual bullish movement towards the end of June 2019, which translated into a significant upside movement in early July. There has been some bearish retracement in the market, but that may […]