Market Analysis - GBPJPY Is Currently in a Correction Phase After a Bullish Breakout GBPJPY impulsive bullish move is expected to follow the current correction phase. The market has continuously posted higher lows and higher highs. The bulls have aggressively been pushing GBPJPY higher. This is …
Forex Strategies
NZDUSD Is Set to Reverse Upon Break Out and Retest of Ascending Channel
NZDUSD Market Analysis – the Price Is Set to Reverse Upon Breakout and Retest NZDUSD is set to reverse and has therefore defied its ascending channel. It has done this with a breakout and retest of the supporting trend line. There was a major change in the market bearish run which was initiated on …
EURUSD at a Brink of Reversal With Break in Market Structure
EURUSD has posed a break in market structure which may lead to a reversal in the market. The market experienced a notable bullish trend reversal on the 31st of May 2021. The bulls propelled price to 1.2250. The rally in the market was faced with multiple retracement, but the buyers were sufficient …
