EUR/JPY is intensifying the downside on Tuesday, dropping to the low-116.00s amidst the prevailing risk-off sentiment in the global markets. That said, a move to the yearly lows in the vicinity of the 116.00 mark remains well on the cards for the time being. A breach of this area of contention should open the door for a visit to the 2019 low at 115.86 (September...
EUR/USD has come under pressure after tops near 1.0990. The door is now open for a move to 1.0814. The weekly recovery in EUR/USD has run out of steam in the key barrier near 1.0990, sparking the ongoing corrective downside soon afterwards. If sellers remain in control, the pair could slip back further and test the Fibo retracement (of the 2017-2018 rally) at...
EURJPY ends this week, advancing over 140 pips or 1.20% boosted by the weakness of the Japanese currency. The big picture continues showing the price action running in a sideways structure, where the price currently develops a second bearish leg. For the following five trading sessions, I anticipate that the cross could continue the current week rally with a...
The EUR/JPY currency exchange rate could target the 120.30 area next week.
Swing Trade Done : Sniper Entry
USDCAD - Time to jump into Trade