Overall Bearish Trend of GBPJPY Faces Correction GBPJPY faces correction after a downward whipsaw in the marketplace. The month of November was a bearish month. The market experienced an obvious trend reversal in October. This relative strength index on the daily chart was very clear, showing that …
EURCHF Analysis - Bearish Slant Tendency Will Persist Below the 1.04700 Key Level EURCHF slant tendency is likely to persist below the 1.04700 key level. Price flow has consistently progressed under a bearish influence as sellers maintain market perspectives. EURCHF is, therefore, prepared to …
NZDUSD Analysis - Price Retests Below Its Previous Resistance Level NZDUSD retests the price level of 0.680. This shows the market is likely to move into a new range. The previous resistance level at 0.680 defended the price from going long during September, as seen on the daily chart. It …
