GBPJPY Analysis - Price Drops Lower but Takes a Break at 152.580 GBPJPY drops lower as it keeps sliding down from a channel. A downtrend effectively began as the market hit a price bulwark at 157.890, which is a 5-year market high. GBPJPY began to fall under the weight of bearish pressure, making …
Forex Strategies
NZDUSD Rebounds Off a Support Level to Maintain Bullish Order
NZDUSD Analysis- Price Rebound off 0.70700 Support Level NZDUSD rebounds off the support level of 0.70700 to maintain a bullish ride. The price is already in a bullish order flow before commencing to consolidate between the significant levels of 0.70700 and 0.72000, and it is now determined to take …
EURUSD Bears’ Struggle Is Close to an End
EURUSD Analysis - Bears’ Struggle Is Set to Come To an End EURUSD bears’ struggle is close to an end as the bulls’ race begins to set up. The bulls are preparing to push the market forward from the old price level, and they are prepared to take over the entire market. Price will, however, change …