Market Analysis - A False Break Out to the Upside Signals Where USDCHF Is Likely to Move. USDCHF is likely to break out upward after a first false upside breakout. The market is due to decide the direction of movement after several weeks of tapering movement. The 0.91300 key level has been playing …
Forex Strategies
GBPJPY Bears Remain Intent on Plunging the Market to Lower Depths
GBPJPY Analysis – Price Is Falling Again as the Bears Remain on the Prowl. GBPJPY Bears remain active in trying to plunge the market to a lower depth. The bearish campaign which began when price hit a height of 156.000 on the 27th of May 2021 is still very much in force up till today. The market …
Market Consolidation Continues as NZDUSD Keeps Trading Sideways
Price Analysis – NZDUSD Keeps Trading in Consolidation NZDUSD keeps trading in a ranging market courtesy of the 0.70550 and 0.69400 key levels. Bulls and Bears have been locked in a tussle for market preeminence since the 0.71300 support failed to keep price us. This ensured that the kiwi fell …
