GBPJPY Analysis: Market Consolidates In The Overbought Zone As Price Breaks Long-Term High GBPJPY consolidates in the overbought zone as the price breaks a long-term high. The broken long-term high was at the 172.150 price level. A double top preceded the breakout at the 172.150 price level. As the …
Price Action Charts in Focus
USDCHF Buyers Are Set to Intensify Their Pressure
USDCHF Analysis - Buyers Are Likely to Spark Out The USDCHF buyers could intensify their pressure to cross the 0.90810 market level. The currency pair has been in a state of flux for the past few months, with buyers intensifying their pressure in an attempt to cross the 0.90810 market level. The …
NZDUSD Buyers Return as MACD Crosses Zero Line
NZDUSD Analysis: Buyers Return As MACD Crosses The Zero Line From Underneath NZDUSD buyers return as MACD crosses the zero line from underneath. Whenever the MACD crosses the zero line, it indicates a rise in buying or selling pressure. According to the MACD (Moving Average Convergence Divergence), …