Market Analysis – 0.91070 Opposes the USDCHF as It Trades in a Downtrend USDCHF is trading in a downtrend and is being opposed by the 0.91070 demand zone. This comes after the price had overcome confinement of between 0.90350 and 0.89460 to surge up. Price rose almost 3% in just three days to reach …
Money management
GBPJPY Bulls Exert Upward Pressure to Break the 151.500 Resistance
GBPJPY Analysis - Bulls Exert Strength by Breaking 151.500 With Upward Pressure GBPJPY bulls exert upward pressure to demonstrate strength in the market. There has been a real tussle for market dominance, with bears generally having the upper hand. As for buyers, they have used the 149.640 weekly …
EURUSD Keeps Sliding Under Bearish Pressure
Market Analysis - Bearish Pressure Keeps EURUSD Sliding Downwards EURUSD keeps sliding downwards under the influence of the bears. The market uptrend had been halted when bulls failed to break the guard of the 1.22700 resistance level on the 26th of May 2021. Soon enough, a downtrend kicked in due …