USDCHF Analysis - Price Aggregates Towards a Bullish Uptrend USDCHF aggregates at a key level as it continues in a bullish uptrend. The direction of the market movement indicates clearly that the price is currently in the accumulation phase. The price level is set to aggregate before the bulls …
Forex Strategies
GBPJPY Faces Correction in the Overall Bearish Trend
Overall Bearish Trend of GBPJPY Faces Correction GBPJPY faces correction after a downward whipsaw in the marketplace. The month of November was a bearish month. The market experienced an obvious trend reversal in October. This relative strength index on the daily chart was very clear, showing that …
NZDUSD Retests Below Previous Resistance Level
NZDUSD Analysis - Price Retests Below Its Previous Resistance Level NZDUSD retests the price level of 0.680. This shows the market is likely to move into a new range. The previous resistance level at 0.680 defended the price from going long during September, as seen on the daily chart. It …