USDCHF Analysis - Price Falls Back as the Market Approaches a Trend Line USDCHF falls back despite being in an uptrend movement. As the market continues to rally, a pullback is inevitable. The sellers will push the price to fall back before we can expect a rally. The price has been reacting on a …
Forex Strategies
GBPJPY Upward Momentum Is Being Repressed at 152.580
GBPJPY Analysis - Market Upward Momentum Is Being Repressed Below the Downtrend Line GBPJPY upward momentum is being repressed after it hits the 152.580 key level. Sellers have finally found a way to curtail the strong bullish momentum of the market at this level. Price had released bearish …
NZDUSD Resists Bear Advances to Rebound Upwards
Market Analysis - NZDUSD Resists the Plunge From the Bears to Bounce Upwards NZDUSD resists bear advances to drown the market and has bounced back upwards via the 0.70900 demand level. Sellers had stepped in to cut short the bullish move in the market. Price rally started on the 19th of August 2021 …