GBPJPY Analysis - Market Upward Momentum Is Being Repressed Below the Downtrend Line GBPJPY upward momentum is being repressed after it hits the 152.580 key level. Sellers have finally found a way to curtail the strong bullish momentum of the market at this level. Price had released bearish …
Forex Strategies
NZDUSD Resists Bear Advances to Rebound Upwards
Market Analysis - NZDUSD Resists the Plunge From the Bears to Bounce Upwards NZDUSD resists bear advances to drown the market and has bounced back upwards via the 0.70900 demand level. Sellers had stepped in to cut short the bullish move in the market. Price rally started on the 19th of August 2021 …
EURUSD Continues to Range as Price Keeps Falling
EURUSD Analysis - Price Keeps Falling as the Market Continues to Range Between the 1.19090 and 1.16600 Key Levels EURUSD keeps falling as price continue to consolidate between two significant key levels. Before falling, price movement is observed to rise to retest a key significant mark of 1.19090. …