Market Analysis – EURCHF Is Set to Continue Downward Having Bounced Off Its Trend Line EURCHF has bounced off its bearish trend line in a consolidation formation. The price has been downsloping since reaching a height of 1.11500 on the 4th of March 2021. The upward movement was a result of a surge …
GBPJPY Analysis – Bears Push Down Hard Against the Market GBPJPY bears have systematically taken over the market and are increasingly pushing hard against the market. The market entered the month of February 2021 on a bullish run. The momentum of prices was gradually reduced starting from the 24th …
Market Analysis-NZDUSD Breakout Violates Support Zone NZDUSD has broken out successfully, out of a consolidation that existed between 0.73000 and 0.71500. The support zone was retested on the 14th of June 2021. The pullback was a trigger to drive the price aggressively into the lower regions below …
