NZDUSD Market Analysis – Bulls’ and Bears’ Tussle Results to Ranging Market NZDUSD Bulls and Bears have canceled out each other to leave the market in a range. The 0.70980 support has been very influential in keeping the price in a range and likewise the 0.73140 resistance. Price shot up from a …
Price Action Charts in Focus
USD/CAD Continues to Consolidate between Levels 1.2020 and 1.2200
USD/CAD Long-Term Analysis: RangingUSD/CAD is in a range-bound move. The currency pair is fluctuating above level 1.20200. The price action is characterized by small body indecisive candlesticks. The currency pair fluctuates between levels 1.2020 and 1.2200. The currency pair will trend if these …
EURUSD Slumps After Rejection at Channel Midline Resistance
Market Analysis – EURUSD Slumps EURUSD slumps after hitting the midline of its ascending parallel channel. The market has been trailing an ascending parallel channel since the 23rd of March 2020 and its midline has been very influential in directing the market. It has alternatively been acting as …
