USD/JPY Price Analysis: Double Top formation bolsters a bearish reversal, 128.00 eyed
A formation of a Double Top chart pattern signals investors’ failure to renew highs. The
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A formation of a Double Top chart pattern signals investors’ failure to renew highs. The
USD/CAD bulls take a breather after rising to the highest since November 2020. Overbought RSI,
The cable has printed a fresh yearly low at 1.2325. Momentum oscillator RSI (14) has
EUR/USD pares the biggest daily gains in two months around one-week high. Overbought RSI triggered
The momentum oscillator RSI (14) seems losing the downside momentum. Pound bulls have seen a
A sheer downside move is advocating more weakness in the asset. The 10- and 20-period
The cable has plunged around 3.70% in the last four trading sessions. A breakdown of
The exploding of the Darvas Box chart formation will imbalance the asset. Declining 20 and 50-period
Loonie bulls are firmly defending the 50% Fibo retracement at 12652. The RSI (14) is
Loonie bulls have defended 200-EMA and earlier breakout of the ascending triangle pattern. The momentum