USDCHF Analysis - Price Skyrockets After a Breakout From Consolidation USDCHF skyrockets upwards after it breaks out of a prolonged consolidation. As the price approached the tip of the triangle structure, an evident uneasiness can be noticed in the market. Both the bulls and bears had nearly equal …
Forex Strategies
NZDUSD Suffers Precipitous Drop to Continue Downtrend
NZDUSD Analysis - Price Suffers Precipitous Drop to Continue Downtrend NZDUSD suffers a precipitous price drop to continue its bearish agenda. The buyers were hopeful of putting an end to a seeming downtrend in the market. The price rallied from a strong support level of 0.65330 and trudged upwards …
EURUSD Continues With Price Offshoot Downward
EURUSD Analysis - The Market Continues With a Downward Price Offshoot EURUSD continues with a price offshoot downward following a rebound at the 1.05950 significant level. The prospects in the market are causing a significant drop. EURUSD market originally follows a downtrend formation, but, …