GBPJPY Analysis: Direction Remains Upward as RSI Approaches Overbought Region GBPJPY direction remains upward as the RSI approaches an overbought region. The market has been ranging between the 169.000 and 155.350 price levels since November 5, 2022. According to the Relative Strength Index (RSI), …
Price Action Charts in Focus
NZDUSD Consolidates as Market Anticipates Breakout
NZDUSD Analysis: The Market Keeps Consolidating As Buyers and Sellers Await A Breakout NZDUSD keeps consolidating as buyers and sellers await a breakout from a triangle pattern. The consolidation phase began after the liquidity grab was below the 0.61910 price level. This was revealed by the …
EURUSD Refuses to Bow Under Pressure
EURUSD Analysis - Buyers Struggle for a Fight Despite Momentum Loss EURUSD refuses to bow under pressure despite recent struggles. It has been a very active year for trading pairs, with buyers taking the lead and initiating a powerful rally. Since the last quarter of 2022, the bulls have been on …
