USDJPY is in the red again today, reacts to last week’s jump It continues to hover a tad above its 100-day SMA Most momentum indicators tentatively support the ongoing upleg USDJPY is recording its second consecutive red candle, recouping a good part of last week’s strong gains. USDJPY continues to trade above the busy 146.65-147.71 area with […]
Dec 18, 2023
CADJPY Wave Analysis
CADJPY reversed from support level 104.60 Likely to rise to resistance level 107.00 CADJPY today reversed up from the key support 104.60 (which has been repeatedly reversing the price from July) standing below the lower daily Bollinger Band. The key support 104.60 was strengthened by the 38.2% Fibonacci correction of the upward impulse from March. […]
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