Market Analysis – The 149.640 Support Sets GBPJPY Rising Again GBPJPY is rising again after another successful redirection of the market at 149.640. Bears and bulls have been locked in a tussle for dominance of the market since the beginning of March this year. Price entered the month of March on a …
Price Action Charts in Focus
NZDUSD Bulls Drive the Market Back Into Consolidation
NZDUSD Analysis – Bulls Cancel Out the Bearish Drive of the Market NZDUSD bulls drive the price back into consolidation as the market experiences a false breakout. NZDUSD began ranging after price dropped off the 0.71300 key level. It was a strong bearish drive that bypassed 0.70550 to get 0.69150. …
Japan’s Private Business Sphere Suffers From Negative Impact of Corona Virus
The expansion of Japan's manufacturing activity reduced this month, while the services sphere dropped at a very fast rate coming from May 2020. This is a reflection of the economy's growing toll from the latest spread of the Corona Virus The General Effect of COVID-19 on Japan’s Business …