USDCHF Analysis - Price Tapers Down in a Triangle Formation and Breaks to the Upside USDCHF breaks to the upside successfully after tapering down in a triangle formation for several months since the beginning of the year. The pattern started when price fell to 0.87600 on the 6th of January 2021. …
Forex Strategies
GBPJPY Is Setup for More Upside Movement
Market Analysis – More Bullish Movement Is Expected From GBPJPY Setup GBPJPY is setup for more bullish activities after a successful avoiding a drop. A step further to break to the upside of the uptrend line will all but confirm the market reversal. Price has been attempting this with the daily …
NZDUSD Remains Indecisive; Continues Sideways Movement
Price Analysis – NZDUSD Remains in Consolidation as Market Stays Indecisive NZDUSD remains indecisive as bears cancel out bullish effort in the market. The market remains in the lower half of a larger market consolidation between the 0.7300 and 0.69400 key level. But unlike the previous experience …