GBPJPY Analysis – Price Is Falling Again as the Bears Remain on the Prowl. GBPJPY Bears remain active in trying to plunge the market to a lower depth. The bearish campaign which began when price hit a height of 156.000 on the 27th of May 2021 is still very much in force up till today. The market …
Forex Strategies
Market Consolidation Continues as NZDUSD Keeps Trading Sideways
Price Analysis – NZDUSD Keeps Trading in Consolidation NZDUSD keeps trading in a ranging market courtesy of the 0.70550 and 0.69400 key levels. Bulls and Bears have been locked in a tussle for market preeminence since the 0.71300 support failed to keep price us. This ensured that the kiwi fell …
EURUSD Guns for Higher Prices After Rebounding off Its Falling Wedge Pattern
Market Analysis – Price rebounds off its falling wedge pattern and guns for higher prices. EURUSD guns for higher prices after it falls back to retest the upper border of the falling wedge pattern. The bulls have now used the falling wedge chart pattern properly to their advantage to cause a market …
