Market Analysis: GBPJPY Signals a Possible Bearish Trend as Price Stalls The GBPJPY pair has displayed a robust bullish trend in recent weeks, stemming from a significant reversal off the 185.280 support level. In early August, the bearish momentum encountered strong support at this level, leading …
Market Analysis: NZDUSD Remains on Track Toward 0.58530 The NZDUSD currency pair has experienced a notable shift in momentum, breaking below the 0.61170 level and reinforcing its bearish trajectory. This reversal follows the formation of a significant high in late September 2024, during which the …
USDCHF Bullish Momentum Slows Down USDCHF is encountering a significant hurdle at the 0.89160 resistance zone. After maintaining an upward trend for the past couple of months, the pair's bullish momentum appears to be waning as sellers emerge near this critical level. This marks a potential turning …
