GBPJPY Analysis: Direction Remains Upward as RSI Approaches Overbought Region GBPJPY direction remains upward as the RSI approaches an overbought region. The market has been ranging between the 169.000 and 155.350 price levels since November 5, 2022. According to the Relative Strength Index (RSI), …
NZDUSD Consolidates as Market Anticipates Breakout
NZDUSD Analysis: The Market Keeps Consolidating As Buyers and Sellers Await A Breakout NZDUSD keeps consolidating as buyers and sellers await a breakout from a triangle pattern. The consolidation phase began after the liquidity grab was below the 0.61910 price level. This was revealed by the …
EURJPY Market Looks Unsteady, Yet Bulls are in Control
The price action in the EUR/JPY market seems to have regained its bullish characteristics. This opinion is based on the indications that are coming from the technical indicators on its daily chart. Will the price continue to bounce higher? Let's study the market to find out. Major Price …
