USDCHF Analysis - Price Defies Downtrend by Means of a Descending Triangle USDCHF defies the bearish pull on the market to break out upwards. The 0.91070 support level stood strong to prevent the market from dropping below it. This made the price taper between the upper border of the descending …
Forex Strategies
GBPJPY Bears Remain Active in Plunging the Price Back Below 149.640
Market Analysis - GBPJPY Falling to 149.640 Shows Bears Remain Active GBPJPY bears remain active and have dealt the market the latest blow to plummet price below the 149.640 key support level. The market has enjoyed something of a revival in recent times after overturning the advances of the bears …
NZDUSD Is Set to Continue Its Downtrend as It Breaks Through a Significant Key Level
NZDUSD Analysis - Price Breaks Through 0.70400 Key Level NZDUSD breaks through a significant key level of 0.70400 as the market now resumes its downtrend. Kiwi has been in a consolidation phase from mid-June to mid-August as the market keeps accumulating. The price then broke out downwards to the …