Market Analysis-NZDUSD Breakout Violates Support Zone NZDUSD has broken out successfully, out of a consolidation that existed between 0.73000 and 0.71500. The support zone was retested on the 14th of June 2021. The pullback was a trigger to drive the price aggressively into the lower regions below …
Price Action Charts in Focus
EURUSD Continues Sideways Movement in a Channel
Market Analysis – EURUSD Has Been Moving Sideways and Continues So in a Channel EURUSD continues sideways after being confined to a channel. The movement of the Euro-Dollar pair from last year into this year has been nothing short of sideways. This is seen in the zigzagging movement of the …
Inflation Rise Will Continue Till December-Luis de Guindos, Vice-President of the ECB
The inflation rise is set to continue till the year’s end, de Guindos of the European Central Bank said during his interview staged for Monday. He said this is a medium-term projection and, therefore, based on certain circumstances, inflation is being permitted to spiral upward. The Spread of the …
