GBPJPY Analysis - Price Drops Lower but Takes a Break at 152.580 GBPJPY drops lower as it keeps sliding down from a channel. A downtrend effectively began as the market hit a price bulwark at 157.890, which is a 5-year market high. GBPJPY began to fall under the weight of bearish pressure, making …
Price Action Charts in Focus
NZDUSD Rebounds Off a Support Level to Maintain Bullish Order
NZDUSD Analysis- Price Rebound off 0.70700 Support Level NZDUSD rebounds off the support level of 0.70700 to maintain a bullish ride. The price is already in a bullish order flow before commencing to consolidate between the significant levels of 0.70700 and 0.72000, and it is now determined to take …
U.S. Supply-Chain Inadequacies Are Boosted by Skyrocketing Consumer Spending
The global supply chain has come under much scrutiny as its inadequacies have often boosted inflation. However, little attention is paid to the concurrent skyrocketing consumer demand in the U.S. It is worth noting that the ever-increasing and massive spending of Americans is contributing just as …
