Market Analysis – USDCHF Breaches the 0.91300 Weekly Support and Finally Breaks Lower USDCHF finally breaks lower from its symmetric triangle formation. The symmetric triangle formation, which took the market 28 trading days to create, was built on a solid foundation of the 0.91300 weekly support. …
Price Action Charts in Focus
GBPJPY Recovers From Bearish Dip; Price Powers to 152.580
Market Analysis - GBPJPY Withstands Bearish Dip; Price Recovers to 152.580 GBPJPY recovers from Bearish dip to pump price to the 152.580 key level. The 149.640 major support has been instrumental in the market's upward momentum. It prevented the fall in the price on two previous occasions. Each …
NZDUSD Bears Mount Pressure on the 0.69400 Demand Level
NZDUSD Analysis – 0.69400 Will Soon Give Way as Bears Mount Pressure Bears mount pressure on the NZDUSD 0.69400 demand zone to go lower. Ever since the Kiwi attained the 0.74600 supply level on the 24th of February 2021, bears have been working hard to drag the market down. Price started a decline …