Market Analysis: Price Retraces to a Fair Value Gap In late December 2023, NZDUSD commenced a notable bearish trend, leaving behind a significant high. This downtrend was characterized by the formation of lower lows, which indicates sustained selling pressure. As the pair approached the 0.58620 …
Forex Strategies
GBPJPY Retraces Signaling Preparation for Next Bullish Trend
Market Analysis: Price Aims to Fill the 4-hour Fair Value Gap GBPJPY exhibited a robust bullish trend, as evidenced by the consistent formation of higher highs and higher lows, breaching the notable 186.090 threshold. This upward trajectory was further intensified as the pair approached the …
USDCHF Flips to the Downside Toward the 0.92310 Significant Level
Market Analysis - USDCHF Remains in Consolidation USDCHF flips to the downside towards the 0.92310 significant level. The pair has recently experienced a shift to the downside, with sellers becoming attracted back to the 0.89830 price level. Buyers, on the other hand, have shown signs of …
