NZDUSD Analysis - Buyers Are Being Held Back From Escalating the Price Due to Pullbacks NZDUSD buyers held back from escalating forward due to pullbacks. The NZDUSD currency pair has shown the sellers preventing price action from escalating further above the 0.62130 key zone. However, more …
Forex Strategies
Chinese Yuan Plummets Despite Rising Exportation
Chinese yuan failed to make much progress at the start of this week. This is because, the data showing rising exportation over the weekend was nullified by the anticipation of more aggressive tightening by the US.The surprise acceleration of US employment growth in July increased market expectations …
EURUSD Resumes Its Market Trend Downward
EURUSD Analysis - The Market Resumes Its Trend Downward EURUSD resumes its market trend downward. The EUR currency has been falling against the USD currency since February 10, 2022. The fall began after a few months of indecision in the market as the bulls and bears struggled to keep the market …