EURUSD Analysis - Price Is Seeking a Retest at the 1.15900 Critical Level EURUSD is seeking a retest in a falling market condition. The market is following a bearish trend and is seen dropping lower, breaking through multiple significant price levels. As the bears continue to gain power, the bulls …
Price Action Charts in Focus
The Warning Report of an Early Rate Hike From the Bank of England Sets the Pound Soaring
In interviews released over the weekend, the Bank of England reported that the level of inflation in the UK was worrying and encouraged citizens to anticipate an early increase in interest rates. With this report, the pound strengthened in relation to the euro and the US dollar. The Bank of England …
EURCHF Finally Succumbs to the Pressure of Rejection From 1.08700
EURCHF Analysis - Price Finally Succumbs and Falls at the 1.08700 Key Level EURCHF finally succumbs to a strong rejection below the significance level of 1.08700. The market kept fluctuating around this key level by undulating through an expanding triangle pattern. Both bulls and bears were looking …