Market Analysis – USDCHF Is Set Up to Reappraise 0.90500 USDCHF is set to reappraise 0.90500 supply after initial failure. Buyers have created a double-bottom reversal pattern to aid their bullish intention. The market had posed a 6-year low of 0.87600 earlier in the year on the 6th of January …
Market Analysis – GBPJPY to Fall From the Overbought Region Soon GBPJPY overbought region’s adventure may come to an end soon. The market has generally been marching on in its bullish momentum which commenced on the 20th of December 2020. On its bullish movement, the market is seen to retrace …
NZDUSD Market Analysis – Bulls’ and Bears’ Tussle Results to Ranging Market NZDUSD Bulls and Bears have canceled out each other to leave the market in a range. The 0.70980 support has been very influential in keeping the price in a range and likewise the 0.73140 resistance. Price shot up from a …