During the past week, the D2T/USD market experienced a notable bearish trend, with efforts to push prices toward the $0.0037 threshold. However, these bearish attempts were met with resistance, as bullish activity in this zone effectively countered downward pressure, driving prices back above …
Price Action Charts in Focus
AUDJPY – Possible Reversal and Breakup to the Upside Is Imminent
The AUDJPY possible reversal and breakup to the upside is imminent.Sellers may have a temporal dominance in the market as the selling pressure may soon be exhausted.AUDJPY Weekly Price Analysis – April 21At the moment the AUDJPY pair is dropping; a possible reversal and breakup to the upside is …
GBPJPY Buyers Struggle for Momentum
Market Analysis: Buyers Need to Regain Confidence GBPJPY Buyers Struggle for Momentum. The pair has been in a consolidation phase for over two weeks. While buyers have been making progress, the lack of significant momentum has prevented any major moves. The market has been held off from breaking …