NZDUSD Analysis - Price Is in an Uptrend in a General Downtrend NZDUSD is in an uptrend in a descending market. The price has restarted yet another back and forth movement cycle in its general downtrend. Bears were assumed to have brought an end to the cycle of movements when the price touched down …
Money management
GBPJPY Is Set to Make Decisions on Price Direction
GBPJPY Analysis - The Market Is Set to Decide on Price Direction GBPJPY is set to make a decision on which direction to follow. Buyers have been stopped in their tracks despite climbing above the 159.580 significant level. Furthermore, the pressure has been put on the market such that the 159.580 …
The Chinese Yuan Increases as the Dollar Slips Up
The start of the week sees a decline in the dollar price. This comes immediately after it suffered a weekly drop for the first time since March. As a result, economists are forecasting more bubbles in the dollar, especially with increasing interest rates in the United States. There is now a strong …