The GBP/JPY
breaks below the 180.00 level and keeps its bearish trend from a few weeks
back. The drop stalls momentarily at the 179.00 level, but it could keep
falling towards the 178.00 level, which could also act as support. Above the
180.00 level we have a few round number levels which could act as resistance,
but the most important one is the zone between the 183.00 and the 184.00
levels.
Subscribe to:
Post Comments (Atom)
WTI oil at the 200 day EMA
WTI oil breaks below the 66.27 support zone and accelerates its bearish momentum towards the 200 day EMA around the 64.30 level. We have b...
-
Great events, great Webinars during this month of November by ActivTrades. Paul Wallace will be conducting an interesting event on Thursday...
-
The Dow Jones industrial index reaches for the first time in its lifetime the 20000 points, prolonging what it has come to be known as “the ...
-
The EUR/USD has made a very good bearish retracement from the 200 day EMA around the 1.0770 level, which has taken it below the 1.0700 leve...

Thank you for the analysis, I will keep it in mind.
ReplyDeleteIt could be bouncing on a relevant up trend support line.
ReplyDeleteGreat analysis, will keep it in mind!
ReplyDeleteGreat analysis.
ReplyDeleteAs always, very detailed analysis.
ReplyDeleteWell spotted assessment, thank you.
ReplyDelete