NZDUSD Analysis - Price Begins Another Reversal as It Keeps a General Downtrend NZDUSD begins another round of wavy movement as it obeys the borders of its descending channel. A downward session ensued when the price got to 0.69460. At 0.69460, the resistance level confluence with the upper border …
Price Action Charts in Focus
EURUSD Sellers Remain Seasoned for Market Expansion
EURUSD Analysis - Sellers Are Seasoned for Expansion in the Market EURUSD sellers remain seasoned for the expansion of the price tendency. The sell traders are still willing to engage the EURUSD pair to attain more bearish displacement. Several stop orders have been placed above the 1.06060 key …
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 …