USDCHF Remains in a Consolidation Phase The USDCHF pair continues its quiet phase, with the price consolidating as neither buyers nor sellers gain significant momentum. Sellers have been unable to break through the 0.84140 support zone, while buyers have struggled to push past the 0.85500 …
Forex Strategies
NZDUSD Anticipates Bearish Trend Reversal
Market Analysis: NZDUSD Breaks Bullish Trend Line as Bearish Reversal Pattern Emerges The NZDUSD pair recently experienced a notable bullish rally, starting from the 0.58480 level, which pushed the price upwards and broke the significant 0.62470 resistance. As the bullish momentum continued, the …
GBPJPY Continues Bullish Trend
Market Analysis: Price Shows Bullish Continuation as Retracement Concludes The GBPJPY currency pair has entered a new bullish phase following the end of a prolonged bearish trend. Initially, sellers dominated the market aggressively when the price fell from the 203.590 level, resulting in a break …