NZDUSD Analysis: Price Takes A Steep Dive As It Breaks $0.59850 Support NZDUSD takes a steep dive as it breaks $0.59850 support. The market transitioned towards a bearish disposition following its confrontation with resistance at $0.65380. Subsequently, NZDUSD systematically descended until it …
Price Action Charts in Focus
EURJPY Bulls Found a Strong Foothold at the 157.50 Price Mark
Price action in the EURJPY market had last approached the 160.00 mark on the 31st of August. However, bears reacted harshly to that and effected a moderate downward correction. Downward forces soon grew weak, and so buyers were able to mount a reprisal at the 157.50 mark. Major Price …
US Dollar Rebounds on Strong Job Growth and Positive Economic Indicators
The US Dollar rebounds on strong job growth and positive economic indicators. The price has recently rebounded in value against other key currencies, reaching a level above the crucial 104.00 zone. This rebound followed a period of volatility in foreign exchange trading due to the Labor Day holiday …
