Price Analysis – NZDUSD Remains in Consolidation as Market Stays Indecisive NZDUSD remains indecisive as bears cancel out bullish effort in the market. The market remains in the lower half of a larger market consolidation between the 0.7300 and 0.69400 key level. But unlike the previous experience …
Price Action Charts in Focus
EURUSD Fails To Hold Above 1.18400; Price Slumps
Market Analysis – Price Slumps as EURUSD Fails To Hold Above 1.18400 Support Level EURUSD fails to capitalize on its breakout from a descending wedge and price has now dropped back to the upper border of the wedge. The wedge was formed after EURUSD was rejected at 1.21460. Price dropped 2.50% in 3 …
COVID Free New Zealand Takes an Economic Downturn Amidst Clamor for Border Restrictions Removal
New Zealand is experiencing an economic downturn despite success on the health front. The measures taken to curb and curtail the spread of COVID 19 have led to labor shortages in different sectors of the economy. This is in turn leading to inflation. The Prime Minister has promised to address the …
