Analyzing the USDJPY 2 hour chart shows that the market closed at 107.636, breaking its resistance at 107.587 (Fib level 50%). With the Aroon up and down showing signs of further consolidation and a probable upswing to around 107.728 (Fib level 0.236), there is a possibility that the price might retrace at around 107.61 (Fib level 38.2%) and find support at around...
Taking a look at the USDCHF HOURLY chart, the currency pair closed around the support level of 0.97124. This shows a possibility that the currency pair has formed a consolidating pattern between the exchange rates 0.97338 and 0.97124. The Aroon (14 period) is showing signs of further consolidation within the fibonacci retracement levels and increasing the...
Bitcoin is currently trading around a support level of 9355.24, currently down 1.72% but still very promising for further upswing to 10,000 where a breakout will be awaited for at the 1st resistance level and a second upswing to around 10,400 and hoping for a second breakout from the 2nd resistance.