GBPJPY Analysis - Bears Wield Stronger Influence as Price Seeks to Break 153.280 GBPJPY bears now wield a stronger market influence after forming a double top chart pattern. Until now, buyers were seen to control the price as they utilized the support strength at 153.280. Their failure to …
Forex Strategies
NZDUSD Experiences a Break in the Market Structure to Initiate an Uptrend
NZDUSD Analysis: Price Experiences an Uptrend With a Break in the Market Structure NZDUSD experiences a break in the market structure to initiate an uptrend. The overall market has been bearish since there was a break in the market structure on the daily time frame. The Moving Average period nine …
EURUSD Bears Successfully Lead the Market to a Demand Zone
EURUSD Analysis: Bears Successfully Lead the Market to 1.11240 EURUSD bears successfully lead the market to the demand zone at 1.11240. The Moving Average period nine and the Moving Average period twenty-one crossed on the 16th of September. A bullish candle formed amid bearish candles on the 15th …
