NZDUSD Analysis – Price Trades at a Lower Level After It Drops Below 0.67140 NZDUSD trades at a lower level after it fails to hold above the 0.67140 critical support level. The price dropped to the support level at the beginning of December 2021. Market purchasers were at a very low ebb as they …
Forex Strategies
EURUSD Rebounds Sharply From a Significant Level to Revive Bullishness
EURUSD Analysis - Price Rebounds Sharply From 1.11290 in a Bullish Move EURUSD rebounds sharply from the 1.11290 significant level to put the market back in the buyers' hands. The market was already anticipated to rise to continue the bullish trend as stipulated by the weekly ascending trend line. …
USD/CAD Is in a Brief Rally, Reaches an Overbought Region at Level 1.2720
Technical indicators: Major Resistance Levels – 1.3300, 1.3400, 1.3500Major Support Levels – 1.2300, 1.2200, 1.2100 USD/CAD Long-Term Analysis: BullishUSD/CAD is in an upward move as price breaks above the 50-day SMA. The currency pair has not closed properly above the moving averages. It is likely …
