Market Analysis: GBPJPY Bearish Momentum Weakens The GBPJPY market bearish momentum appears to be losing steam, signaling the possible end of the prevailing downtrend. After a series of higher highs that culminated in a peak in early June 2024, the currency pair began to retrace, breaking below the …
For some time now, we have observed the D2T/USD market consolidating in a sideways pattern between the $0.0025 and $0.002 price levels. While the bears have maintained a strong presence near the $0.0025 level, the price has been oscillating between these two points. Despite this, the bulls continue …
Market Analysis: The Bearish Retracement in NZDUSD has Concluded The NZDUSD currency pair has experienced a significant breakout following an extended period of consolidation that lasted from mid-February to late August 2024. This consolidation phase was characterized by a relatively tight range, …
