Market Analysis - Buyers Could Deepen their Conviction GBPJPY buyers display resilience against persistent selling pressure. GBPJPY buyers have exhibited strong resilience in the face of persistent selling pressure that has been weighing on the market for weeks. As we enter 2024, the market has …
Price Action Charts in Focus
EURJPY Bearish Sentiment Persists as Economic Factors Influence Market Dynamics
EURJPY bearish sentiment persists as economic factors influence market dynamics. The pair is currently hovering around the 156.00 key level. This indicates a modest increase for the day. Traders are adjusting their expectations for 2024 in response to a dip in European inflation. This decline has …
Kiwi (NZDUSD) Face Setbacks as Bullish Pressure Declines
Market Analysis - NZDUSD Sellers Seek Deep Penetration Kiwi face setbacks as bullish pressure declines. The Kiwi, represented by the NZDUSD pair, has encountered a setback in the face of declining bullish pressure. The bulls have loosened their grip, allowing sellers to hit hard and initiate a …
