USDCHF Analysis - Price Skyrockets After a Breakout From Consolidation USDCHF skyrockets upwards after it breaks out of a prolonged consolidation. As the price approached the tip of the triangle structure, an evident uneasiness can be noticed in the market. Both the bulls and bears had nearly equal …
Price Action Charts in Focus
GBPJPY Revives Bullishness From the 159.680 Support Level
GBPJPY Analysis – The Market Revives Its Bullish Tendencies at the 159.680 Support Level GBPJPY revives its bullish tendencies from the 159.680 support level. The market’s bullish strength had earlier been dealt a blow when the price suffered acute rejection at the 167.810 resistance level. This …
NZDUSD Suffers Precipitous Drop to Continue Downtrend
NZDUSD Analysis - Price Suffers Precipitous Drop to Continue Downtrend NZDUSD suffers a precipitous price drop to continue its bearish agenda. The buyers were hopeful of putting an end to a seeming downtrend in the market. The price rallied from a strong support level of 0.65330 and trudged upwards …
