GBPJPY Analysis - Bullish Strength Would Lift the Market Past 157.090 GBPJPY bullish strength is at its peak and is expected to drive the market past its latest huddle at 157.090. Several days of bullish confrontation paid off as GBPJPY successfully breaks out of a long-drawn descending channel. …
Forex Strategies
NZDUSD Breaks Out at the Confluence Zone
NZDUSD Analysis - Market Confluence Zone Is Influential as NZDUSD Breaks Out NZDUSD breaks out of its ascending triangle pattern yesterday, January 3rd. The triangle pattern was formed at 0.6850 level, which formed a confluence zone. The market is seen to highly respect the technicals. The demand …
EURUSD Buyers Are Contesting to Drive the Market Out of Consolidation
EURUSD Analysis - Buyers Are Contesting to Drive the Market Beyond 1.13840 EURUSD buyers are contesting to drive the market out of the ranging phase in which it has been bottled up since mid-November last year. The ranging phase shows a clash between buyers and sellers as buyers try to bring the …
