USDJPY is facing bullish pressure, potential for more upside

Prices are taking support from ascending trendline support and 1st support level, which coincides with 50% Fibonacci retracement and 50% Fibonacci extension. Prices might bounce towards 1st resistance which is 100% Fibonacci extension and -68% Fibonacci retracement Fibonacci confluence area. If prices fall through 1st support, prices might take support...

Breakout Identified in AUDJPY

The Breakout Opportunities system has just bought AUDJPY at 84.713. The system recommends entering this trade at any price between 84.586 and 84.852. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.926, suggesting that the AUDJPY may have further...