GBPJPY Analysis – Bears Push Down Hard Against the Market GBPJPY bears have systematically taken over the market and are increasingly pushing hard against the market. The market entered the month of February 2021 on a bullish run. The momentum of prices was gradually reduced starting from the 24th …
Price Action Charts in Focus
EUR/JPY Is In a Downtrend, Targets Level 125.97
EUR/JPY Long-Term Analysis: BearishEUR/JPY is now in a downtrend. The currency pair faced rejection at level 134.00 and it retraced to level 133.00. After a retest at level 133.50, the market declined to level 130.00 and corrected upward. The selling pressure will persist as price breaks below the …
NZDUSD Has Broken Out of Its Consolidation Zone
Market Analysis-NZDUSD Breakout Violates Support Zone NZDUSD has broken out successfully, out of a consolidation that existed between 0.73000 and 0.71500. The support zone was retested on the 14th of June 2021. The pullback was a trigger to drive the price aggressively into the lower regions below …
