Price Analysis – GBPJPY Is Recovering From Its Fall off Its Parallel Channel’s Middle Line GBPJPY is recovering after it was rejected by the centerline of its parallel channel. The market has generally been undulating in an ascending parallel channel. This started on the 15th of February 2021.The …
Market Analysis - The NZDUSD Remains Within Its Range During the Consolidation Phase NZDUSD consolidation phase is set to last a little longer. The market has been locked in a consolidation phase since the end of last year. On the 5th of November 2020, the price rose in a bullish pump from the …
EURUSD Market Analysis – the Price Has Bounced up From the 1.1850 Support Level EURUSD 1.1850 support has halted its plunge. The market started the year around a 3-year high of 1.22700, but its stay at the top did not last long. The price was immediately dragged down to the support level of 1.2100. …
