Market Analysis: Bullish Momentum Switches to Bearish NZDUSD currency pair has been on a landscape of shifting trends, with bearish momentum finding substantial footing at the 0.58670 support level, subsequently propelling the currency pair into a bullish trend. The upward trend that ensued began …
Forex Strategies
GBPJPY Continues to Trend Bullish
Market Analysis: Price Trends Bullish as It Aims for 203.000 The GBPJPY currency pair has been exhibiting a pronounced bullish trend, steadily rising from the 186.500 support level. This upward trajectory has been characterized by the formation of successive higher highs and higher lows, …
NZDUSD Encounters Significant Resistance at 0.62080
Market Analysis: NZDUSD Prepares for a Bearish Move The NZDUSD currency in a recent observation revealed a notable bullish trend originating from a strong demand level at 0.58860. This uptrend has persisted until encountering significant resistance at the 0.62080 mark. The 0.62080 level has proven …
