EUR/JPY Long-Term Analysis: BearishEUR/JPY is now in a downtrend. The currency pair faced rejection at level 134.00 and it retraced to level 133.00. After a retest at level 133.50, the market declined to level 130.00 and corrected upward. The selling pressure will persist as price breaks below the …
NZDUSD Has Broken Out of Its Consolidation Zone
Market Analysis-NZDUSD Breakout Violates Support Zone NZDUSD has broken out successfully, out of a consolidation that existed between 0.73000 and 0.71500. The support zone was retested on the 14th of June 2021. The pullback was a trigger to drive the price aggressively into the lower regions below …
GBP/USD Market Hits Resistance at 1.3900
British Pound Price Prediction – July 13The GBP/USD market hits a resistance at 1.3900 during the recent rebounding efforts made by the base currency as it pairs with its counter trading instrument. The currency market now trades at a negative percentage rate of 0.46.GBP/USD MarketKey Levels: …
