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 …
Forex Strategies
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 …
EURUSD Fails To Hold Above 1.18400; Price Slumps
Market Analysis – Price Slumps as EURUSD Fails To Hold Above 1.18400 Support Level EURUSD fails to capitalize on its breakout from a descending wedge and price has now dropped back to the upper border of the wedge. The wedge was formed after EURUSD was rejected at 1.21460. Price dropped 2.50% in 3 …
