NZDUSD key ZonesDemand areas: 0.7450, 0.7300Supply areas: 0.6950, 0.6550NZDUSD Price AnalysisNZDUSD retraced past equilibrium below 0.5 on the daily chart before continuing the ride upwards. It retraced to 0.6950 on the 25th of March where it resumed its upward trend. The uptrend was defended by a …
Price Action Charts in Focus
Ransomware Attack Disrupts U.S. Energy Sector and Pump Price May Rise to $3
U.S. mega gasoline operator, Colonial Pipeline, sustained a ransomware attack from a suspected professional cybercriminal group. This has led the fuel company to cease functioning, thereby causing havoc to the energy market. As a result, the pump price could rise to a seven-year high at $3.The …
EURUSD Continues a Bullish Momentum as It Breaks Out of Resistance Level.
Key Levels:Support levels: 1.1700, 1.1850, 1.2000Resistance levels: 1.2350, 1.2250, 1.2150EURUSD halted on its bullish run at the beginning of the year. On the 6th of January 2021, price peaked at 1.2350 after which it dropped through the year. Subsequent lower highs were formed on the daily chart. …
