Market Analysis: GBPJPY Signals an Impending Bearish Trend Reversal The GBPJPY currency pair has shown significant price action since early August 2024. Initially, the pair recovered from a steep decline, finding strong support at the 179.990 level. This support marked the beginning of a bullish …
Forex Strategies
NZDUSD Anticipates a Bearish Trend
Market Analysis: NZDUSD Bearish Momentum Breaks Through key support The NZDUSD pair has been firmly entrenched in a bearish trend since its reversal from the 0.63390 level. Over this period, the pair has consistently broken multiple demand levels, highlighting the dominance of sellers in the …
EURCHF Buyers Regain Momentum as Sellers Lose Ground
EURCHF Buyers Gain Traction EURCHF buyers are gaining traction, signaling a shift in momentum as sellers begin to lose steam. After weeks of bearish dominance, the currency pair is showing signs of recovery, approaching the critical 0.93170 level. EURCHF Key Levels Resistance: 0.93170, 0.93750 …
