Price Analysis – Break Out Imminent as USDCHF forms an Ascending Triangle Pattern USDCHF forms an ascending triangle to push price out of consolidation. Bulls' attempt at redirecting the market has thus far hit a bulwark. The price sprang up after bears brought it down to 0.89300 resistance. Buyers …
Price Analysis – 149.640 Momentarily Keeps GBPJPY From Sinking Deeper The 149.640 support zone has halted GBPJPY from sinking deeper. The fall of price began on the 28th of May 2021 when the market reached the 156.000 key level. The last time GBPJPY reached this height was in February 2018. Sellers …
Price Analysis - NZDUSD Continues Bearish Agenda NZDUSD continues to push down on the 0.69400 support to go lower. The market entered into the year 2021 on a bullish trend as shown by the MA period 100 (Moving Average). In particular, from the 2nd of November to the 1st of December 2020, there was …
