The euro plummeted last week, and it remains in a difficult position as the threat of war between Russia and Ukraine mounts. In addition, the increase in the US Consumer Price Index due to inflation also puts downward pressure on EUR/USD. There is also speculation that the US central bank could set …
Forex Strategies
EURUSD Major Supply Zone Remains Intact
EURUSD Market Analysis: Supply Zone Remains Intact at 1.140 EURUSD major supply zone remains intact at 1.1460. The major zone at 1.1460 was tested on the 7th of February. The zone remained intact as it successfully altered the bullish run. The major supply zone at 1.1660 was tested on the 28th of …
EURCHF Bursts Through a Critical Level and Is Set to Continue
EURCHF Analysis - Price Bursts Through the Price Level of 1.05240 and Is Geared to Continue EURCHF bursts through the price level of 1.05240 and is set to continue with its propulsion. Due to bearish involvement in price control, the buyer's prospect has been defeated for a long time. The bears …