USDCHF Analysis - The Market's Double Bottom Formation Breaks Down USDCHF's double bottom bullish reversal formation has not been fully utilized by the market and as such, it has broken down. There is an ongoing tussle between the buyers and the sellers to retain the price above the 0.95300 …
Forex Strategies
GBPJPY Weakens as the Price Yield Lower in the Market
GBPJPY Analysis-Market Weakens as the Price Yield Lower GBBJPY weakens as the price yield lower making it dive back to its old low. The market action is planning to make its dive back to its lowest low in 2021 following a price blow on the pound market. A negative retraction has been observed after …
NZDUSD Sellers Fall Out of the Trend Channel
NZDUSD Analysis-Kiwi Falls Out as Trend Goes Lower Beyond 0.60000 Key Level NZDUSD sellers fall out of the trend channel as price action trades lower to the 0.60000 key level. The bears are in cap season currently as we continue to see their strength dominating the market tendency. Ever since …