GBPJPY Analysis - The Pound Strengthens Further Against the Yen From 159.680 The pound strengthens further against the Japanese yen on the back of the news that the BOJ would maintain an ultra-loose monetary policy. The yen enjoyed a period of respite after the price rose to 164.000 yen, where the …
NZDUSD Analysis – Bulls Fail to Sustain the Market Rally Past the 0.70490 Resistance NZDUSD bulls fail in their bid to continue the market rally beyond the 0.70490 resistance level. The price rally began from critical support at 0.65330 as bulls regrouped to stop the downtrend in the market. NZDUSD …
EURUSD Analysis - Buyers Suspend Bear Displacement Near the Significant Level of 1.08020 EURUSD buyers suspend bear displacement near the significant level of 1.08020. EURUSD buyers are presently making an appearance in the market. This, however, will influence the market structure as the price …
