Logo-color Logo-white

EURJPY: ⬆️ Buy EURJPY reversed from key support level 161.40 Likely to rise to resistance level 165.00 EURJPY currency pair recently reversed up from the key support level 161.40 (which has been reversing the price from the middle of April), coinciding with the lower daily Bollinger Band The upward reversal from the support level 161.40 […]

The post EURJPY Wave Analysis appeared first on Action Forex.

previous

The Power of Elliott Wave Blue Boxes: GBPUSD’s Perfect Bounce

next

USD/CHF Might Take a Hit as Market Sentiment Shifts

Read More

12/04/2024

EURUSD Plummets After US CPI and ECB Decision

As US CPI comes hotter than expected EURUSD tumbles After ECB interest rate decision EURUSD continues the fall Where is the next stop for the pair? How did EURUSD reacted after the US CPI release on Wednesday and the ECB interest rate decision on Thursday? EURUSD fell more than 100 pips after the US CPI […]
02/05/2024

Gold Price Could Restart Increase Above This Resistance

Key Highlights Gold started a downside correction and traded below $2,350. A connecting bearish trend line is forming with resistance at $2,325 on the 4-hour chart. Oil prices extended losses but remained stable above $80.00. Bitcoin price traded to a new weekly low below $60,000. Gold Price Technical Analysis Gold prices started a downside correction […]
29/05/2025

Elliott Wave Outlook: FTSE to Signal Market Direction Soon

The short-term Elliott Wave outlook for FTSE indicates that wave II concluded at 7560.5. This marked the start of an upward movement in wave III. Wave III is unfolding as a five-wave impulse structure, characterized by a series of higher highs and higher lows. From the wave II low, wave 1 advanced to 8021.77, followed […]