Market Analysis - December 5th NZDUSD still clings to a bullish theme despite the sell motion. The currency pair has been facing difficulties in surpassing the price level of 0.62170. Although there was a breakout, indicating a bullish trend. This led to a sudden decrease in momentum, suggesting a …
Price Action Charts in Focus
GBPUSD Records Declines Amid Strengthening Dollar Sentiment
Yesterday's trading session saw a substantial decline in GBPUSD price action, following a robust resistance on the upward trajectory. While today's session has shown a slight uptick, bearish traders appear to be proceeding with caution, expecting additional momentum to unfold in both today's market …
EURJPY Bulls Turn Tail After Failing to Beat the 164.00 Resistance
Price activity in the EURJPY has renewed bearish momentum after failing to continue its upside retracement through what seems like a very strong resistance at the 164.00 mark. Consequently, it seems like the bulls are out of breath and are taking a break to gather some. Let's try to find out what …
