Market Analysis - Price Has Been Held at 151.970 as GBPJPY Is Moving up With Difficulty GBPJPY is moving up laboriously since it bounced off the 149.640 weekly support. The market had formed a double top pattern which had plummeted the price down to 149.640 on the 20th of August 2021. Like in …
Forex Strategies
NZDUSD Rally Gets Trapped Below the 0.71300 Key Level
NZDUSD Analysis - The 0.71300 Key Level Gets the Market’s Rally Trapped NZDUSD rally gets trapped and has been unable to move beyond the 0.71300 key level. The rally which began on the 23rd of August 2021 was a response of the buyers to the sellers' attempt to drive price below the market …
EURUSD Is Approaching A Downtrend As It Rebounds From a Key level
EURUSD Analysis - Price is approaching a downtrend as it rebounds from 1.19090 EURUSD is approaching a downtrend as the price is assumed to make a rebound at the 1.19090 key level. This level, however, is seen to have been retested twice. The downtrend phase started when the price first breaks …
