NZDUSD Analysis: The Market Keeps Consolidating As Buyers and Sellers Await A Breakout NZDUSD market is currently consolidating as buyers and sellers await a breakout from a triangle pattern. The consolidation phase began after a liquidity grab occurred below the 0.61910 price level, as revealed by …
GBPJPY Maintains Bullish Order Block in Market Movement
GBPJPY Analysis: GBPJPY Maintains Respect for Bearish Trendline Anchored on Previous Year's Highs GBPJPY maintains respect for the bearish trendline anchored on November and December's highs last year. The same resistance trendline engineered the downward motion in this current month of …
EURJPY Holds Onto Its Upside Focus
For more than four trading sessions, EUR/JPY price actions have stayed above a broken resistance level at 143.65. At this point, it appears that price action may move even higher. Technical indicators are also pointing out that price action may gain more upside traction as trading activity …
