USDCHF Market Analysis – Cup and Handle Reversal Pattern USDCHF has formed a cup and handle reversal pattern. This means that the bulls are set to end the reign of the bears and shoot the price back upwards. The bears had initially plunged the market. This can be seen in consecutive bearish candles …
GBPJPY key Zones Resistance Zones: 156.570, 160.000Support Zones: 148.830, 144.700 GBPJPY Confronts Rejection GBPJPY is set to face rejection at 156.570 resistance level which coincides with the upper border of an ascending parallel channel. The market began its upwards movement in the parallel …
NZDUSD Major Zones Demand Zones: 0.7460, 0.7320Supply Zones: 0.7150, 0.7000 NZDUSD Market Analysis NZDUSD uptrend movement has continued but must now overcome a major impediment to progress. Since the market hit a major low in March 2020, the New Zealand Dollar has been strengthening itself …
