Possible breach of resistance level by AUDJPY

AUDJPY is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AUDJPY continues in its current trajectory, we could see it […]

Possible breach of support level by AUDJPY

AUDJPY is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AUDJPY continues in its current trajectory, we could see it […]

USDJPY – psychological price line breached

USDJPY has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 31 days and suggests a possible target level to be around 146.6691 within the next 3 […]