NZDUSD key zones:Demand: 0.69500, 0.71000Supply: 0.74500, 0.72500NZDUSD reached its yearly highest at 0.74600 on the 25th of February after which the price dropped to a support level at 0.71000. Price bounced higher before collapsing with a huge bearish candle to break the market structure into …
Price Action Charts in Focus
EURUSD Gets Exhausted After Aggressive Rally
EURUSD key zones:Supply zones: 1.23500, 1.21500Demand zones: 1.20000, 1.17000EURUSD once again has failed to make a higher-high on the daily time frame. It closed the week on Friday with a large bearish candle failing to break through the resistance at 1.21500. EU rallied aggressively after it …
USD/CAD Breaks Level 1.2400 as Market Resumes Bearish Momentum
USD/CAD Long-Term Analysis: BearishUSD/CAD faces rejection at the 1.2600 resistance level. Since March 23, the currency pair has been fluctuating below the resistance level, In April 24, the bears broke the 1.2600 resistance as the market resumed a downward move. The currency pair has reached the …
