USDCHF Analysis – Bulls Dominate as the Market Grows Sluggish USDCHF bulls dominate the market as it reduces volatility. The market drops to a confluence zone on the 1st of November and then the bulls stepped in swiftly to influence the market. Price was pushed up gradually with undulating …
Price Action Charts in Focus
EUR/JPY Resumes Sideways Move, Fluctuates Between Levels 128.00 and 134.00
EUR/JPY Long-Term Analysis: RangingEUR/JPY pair has resumed a sideways trend after price got stuck at level 134.00. On May 24, the first uptrend reached the high of level 134.00 but was resisted. Later the currency pair resumed a sideways move as bulls failed to break above the overhead resistance. …
GBPJPY Is Stabilizing on Support at a Mid-Range Level
GBPJPY Analysis – Price Is Stabilizing at the Middle Level of Its Recent Price Range GBPJPY is stabilizing itself after a routine drive by bears and bulls. The price dropped to 152.580 in another bearish session. But instead of the bulls hijacking the market immediately, the price is stabilizing …