Market Analysis – USDCHF Employs a Bullish Flag Pattern to Continue the Upward Momentum USDCHF to continue upward momentum after employing the bullish flag formation. This is a repetition of a pattern that was carried out earlier in the year on the 22nd of February 2021.During this time, the market …
Forex Strategies
GBPJPY Falls on Rejection From 153.500 Supply Zone
Market Analysis – 153.500 Supply Zone Rejection Makes GBPJPY Fall GBPJPY falls after being rejected at the 153.500 Supply Zone. The upwards trajectory of the GBPJPY has been normalized starting from the 23rd of February 2021 to follow an ascending trend line. The key levels remain influential as …
NZDUSD Employs Double Bottom Reversal Pattern to Shoot Price Upwards
Market Analysis – NZDUSD to Break Upwards Using a Double Bottom Reversal Pattern NZDUSD employs double bottom reversal pattern to help it beat the 0.71050 resistance and move the market upwards. The major trading zone for the market since the turn of the year is between 0.73100 and 0.71050 key …
