GBPJPY Analysis - Market Makes U-Turn to Plunge Downward GBPJPY price is Set to trade downhill as the market makes a u-turn following a hit at the upper trend channel. The bulls have been on a great run for the past few weeks, with the buying strength increasing progressively. Upon price closure at …
Price Action Charts in Focus
USD/CAD Declines after a Rally to Level 1.3800 Overbought Region
USD/CAD Long-Term Analysis: BullishUSD/CAD is trading in the bullish trend zone after a rally to level 1.3800 overbought region. The current uptrend reached the high of level 1.3833 but was repelled. On September 27, the currency pair made a minor retracement and commenced fluctuations below the …
EURUSD Sellers Await the Price to Hit the Diagonal Resistance
EURUSD Analysis - Sellers Await the Price to Hit the Diagonal Resistance EURUSD sellers await the price to hit the diagonal resistance. The EURUSD overall market has been descending the crest since the beginning of the year. The market formed a new swing high on the first day of April 2022. The …
