GBPJPY Analysis – Price Bounces off the 153.280 Key Level Upon Re-Engagement GBPJPY bounces upwards after it re-engages the 153.280 significant level. As in previous times, the market rose to a resistance level of 158.060 from where it began a swift descent. The price dipped towards the strong …
Forex Strategies
NZDUSD Demand Zone Is Likely to Turn Into a Supply Zone
NZDUSD Analysis - The 0.67120 Demand Zone Is Likely to Turn Into a Support Zone NZDUSD demand zone is likely to turn into a supply zone at 0.67120. The dollar has gained more strength, and this has caused more bearishness in the market. The Moving Average period 9, and the Moving Average period 21 …
EURUSD Is Dropping Towards Confluence Zone
EURUSD Analysis - Price Is Dropping Towards the Confluence Zone Around 1.09900 EURUSD is dropping towards the confluence zone around 1.09900. This is despite the best efforts of the buyers to divert the market back upwards earlier than expected. As a result, the price was blocked from falling at …
