USDCHF Sellers Seek Bearish Extension USDCHF buyers encounter resistance during the accumulation phase, with the price consolidating below the 0.85580 level as they struggle to gain momentum. The pair saw a significant decline from the 0.84140 support, breaking away from a prolonged consolidation …
Forex Strategies
GBPJPY Continues to Trend Bullish
Market Analysis: GBPJPY Bullish Momentum Resumes with Strong Support and Ascending Triangle Formation The GBPJPY currency pair has resumed its bullish momentum after the significant bearish retracement. Throughout the last quarter of 2023, the 179.000 price level was tested multiple times without a …
USDJPY: Price Anticipates a Drop Soon
The currency pair anticipates a drop soon as the market is overbought.Sellers may likely resume dominating the USDJPY market soon. USDJPY Weekly Price Analysis – October 11 At the moment, the USDJPY remains positive. However, the Yen price anticipates a drop soon, as the buying pressure seems to …
