NZDUSD Price Analysis – September 26 NZDUSD is disallowed at the 0.71560 key level from passing the transition zone to the upper half of its general consolidation zone. This, therefore, brings an end to the market rally that began on the 23 of August from the 0.68101 demand level. The market hit a sharp rejection […]
GBPJPY Analysis – Price Continues to Consolidate GBPJPY continues to consolidate as the market’s impetus decreases. The buyers will, however, fail to reach a critical zone of 153.270 before a reversal will occur. The price failed to retest this zone before running down to react at the 151.390 critical level. GBPJPY then rallied down to […]
USDJPY Price Analysis – September 23 USDJPY continues to consolidate as the market starts to gain bullish momentum. The price is seen going upward after a bullish engulfing. This connotes that the market will gain momentum and may even break beyond the 110.080 level. The bulls and the bears continue to shake themselves off, and […]
USDCAD Verðgreining - 22. september USDCAD er áfram bullish þrátt fyrir bakslag við að renna út úr fyrri hækkandi rás sinni. Markaðurinn varð fyrir áfalli þegar hann reyndi að fara yfir miðlínu hækkandi rásar, sem virtist skerast við 1.28000 lykilstigið. Þetta skapaði of sterkt viðnámssvæði fyrir USDCAD, […]
EURCHF Price Analysis – September 21 EURCHF is reacting to the 1.08700 significant level. Since bouncing off the 1.07400 support level, price has been in a strong bullish move. This can be seen with 8 consecutive bullish candles which lifted the market above the 1.08700 key level. However, since climbing around this level, EURCHF has […]
AUDJPY Price Analysis – September 20 AUDJPY Bears Are trying to drown the market again after an initial failure at 78.300. Price broke downward out of distribution to reach for the 78.300 support, but unlike previous times where the market bounced up to break through the support, price kept moving up till it got to […]
NZDUSD Price Analysis – September 20 NZDUSD faces a downslide after suffering severe rejection at the 0.71560 transition zone. Buyers had pumped the market up in retaliation to the price plunging below a consolidation phase that had lasted for weeks. The rally pulled price from the 0.68101 key level and drove it beyond the 0.70570 […]
GBPJPY Verðgreining - 17. september GBPJPY er að standast bearish þrýsting með því að móta markaðinn í hækkandi þríhyrningsmynstur. Bearish þrýstingur hófst í raun þegar verðið náði hámarki í 3 ár í 156.100 þann 27. maí 2021. Síðan þá byrjaði verð að lækka með söluþrýstingi sem kom í stað viðleitni […]
USDJPY Price Analysis – September 16 USDJPY breaks to the downside of its range. This consolidation phase, which has lasted for the past 23 trading days, comes after the market has arrested its price decline but has been unable to re-launch itself back into its uptrend movement. The consolidation phase, therefore, is an outcome of […]
