Market Analysis: GBPJPY is Poised to Extend its Bearish Trend GBPJPY has experienced a significant bearish shift in market structure, confirmed by a decisive break in late July 2024. This movement featured a sharp bearish candlestick driven by strong selling pressure and minimal retracement. The …
Forex Strategies
NZDUSD Anticipates a Bullish Reversal
Market Analysis: NZDUSD Anticipates a Potential Bullish Reversal NZDUSD, in early October experienced a significant bearish shift in market structure, leading to a sharp decline in price. The downtrend continued as the pair formed successive lower lows, eventually breaking the critical 0.58750 …
USDCHF Slips as Sellers Dominate the Market
USDCHF Sellers Take the Lead USDCHF has fallen under renewed bearish pressure as sellers firmly take control. After failing to break above the critical 0.90000 resistance level for the second time in recent weeks, the pair experienced significant sell-offs. The bearish sentiment has deepened, …
