Although the price retracement has been ongoing for the past four days, momentum is building up at the $0.011 price level for a bullish comeback. So far, the retracement has almost brought the market back to the $0.01 price level. The market is likely to rebound at a slightly higher price level, to …
Price Action Charts in Focus
EURCHF Bearish Pressure Keeps Advancing Toward the 0.96690 Key Levels
EURCHF Analysis - Selling Pressure Continues to Decline EURCHF bearish pressure keeps advancing towards the 0.96690 significant level. The currency pair is currently facing intense bearish pressure as sell traders have been dominating the market. Following a period of ranging on the daily chart in …
GBPJPY Consolidates In The Overbought Zone As Price Breaks Long-Term High
GBPJPY Analysis: Market Consolidates In The Overbought Zone As Price Breaks Long-Term High GBPJPY consolidates in the overbought zone as the price breaks a long-term high. The broken long-term high was at the 172.150 price level. A double top preceded the breakout at the 172.150 price level. As the …
