GBPJPY Analysis - Price Creates a Higher Low Using 153.280 as an Anchor Level GBPJPY creates a new higher low using the 153.280 significant level as an anchor point. The price was about to embark on another cycle in its ranging phase. But the 153.280 level (which happened to be a resistance point …
Forex Strategies
NZDUSD Trades Lower as It Fails at a Critical Support
NZDUSD Analysis – Price Trades at a Lower Level After It Drops Below 0.67140 NZDUSD trades at a lower level after it fails to hold above the 0.67140 critical support level. The price dropped to the support level at the beginning of December 2021. Market purchasers were at a very low ebb as they …
EURUSD Rebounds Sharply From a Significant Level to Revive Bullishness
EURUSD Analysis - Price Rebounds Sharply From 1.11290 in a Bullish Move EURUSD rebounds sharply from the 1.11290 significant level to put the market back in the buyers' hands. The market was already anticipated to rise to continue the bullish trend as stipulated by the weekly ascending trend line. …
