China's economic recovery from Covid 19 is slowing as President Xi Jinping's administration tightens controls on rising debt. China Reduces Construction Activity to Reduce Debt The main driver of China’s economic expansion right from the start was a flurry of building construction that began in …
Price Action Charts in Focus
EURUSD Continues Surging Downward
EURUSD Analysis - Price Continues Surging Downward to the 1.15300 Significant Level EURUSD continues surging downward to the 1.15300 significant level. The market is currently trading near a support zone and the price is set to continue lower when the momentum shoots up. The bears have been holding …
EURCHF Violates the 1.07400 Critical Price Demand Level
EURCHF Analysis - Price Violates Critical Demand Level EURCHF violates the 1.07400 critical demand level and has sunk to a one-year low. The price began a downtrend immediately after it fails at 1.08700. The market sunk abruptly straight into the demand zone that extends from 1.07400 to 1.06700. …