USDCHF Analysis - The Market’s Persistence Leads to a Bullish Breakout USDCHF Persistence in exerting bullish pressure on the market has eventually led to a breakout. Just before the breakout, the persistence of the bulls peaked. They leverage the upward slanting trendline to keep tugging at the …
Forex Strategies
GBPJPY Loses More Positions Due to Sellers’ Aggression
GBPJPY Analysis – The Market Loses More Positions Due to Sellers’ Aggression GBPJPY loses more ground as sellers aggressively begin to act on the market. A sign of increasing sellers’ aggression is first noticed at the 164.000 price level, where the price suffered instant rejection back to the …
NZDUSD Fails to Uphold Its Bullish Drive
NZDUSD Analysis - The Price Fails to Maintain Its Bullish Momentum and Falls to 0.66060 NZDUSD fails to uphold its bullish drive and drops to a 2-month low at 0.66060. The price had bounced off a confluence of a downtrend line and the 0.65330 demand level. Then the price followed another uptrend …