EURJPY ended Monday in the green, recovering the negative gap and is now challenging the 129.00 psychological level. The pair has been in a descending movement in the short-term timeframe after the pullback of the 133.15 resistance level, but in the broader picture the price has been in a sideways move since June 2021. Regarding […]
The post EURJPY Recovers the Gap, But Negative Risks Not Faded Yet appeared first on Action Forex.
The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…
USD//JPY stayed in consolidation below 156.74 last week. and initial bias stays neutral this week first. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Read more…