USDCHF Buyers Attempt to Regain Control USDCHF buyers are trying to reverse the trend as bearish momentum slows down. The currency pair has seen a deceleration in the bearish trend, with sellers losing steam after pushing prices close to the 0.88440 significant level. Buyers returned strongly after …
Forex Strategies
GBPJPY Prepares for a New Phase of Bullish Trend
Market Analysis: GBPJPY Indicates End of Retracement Phase In the GBPJPY market, the British Pound (GBP) has recently exhibited a robust bullish trend against the Japanese Yen (JPY), with the price climbing above the significant support level of 193.100. A notable pattern has emerged where the …
NZDUSD Experiences a Bearish Trend Shift
Market Analysis: NZDUSD Failure to Create Higher High Suggests Price Reversal NZDUSD (New Zealand Dollar against the US Dollar) has recently shown signs of a bearish reversal following its inability to break through the key resistance level at 0.62200. The currency pair experienced a strong bullish …
