NZDUSD Analysis: Price Market Faces Sharp Rejection at 0.67130 Resistance Level NZDUSD faces sharp rejection at the 0.67130 resistance level. The market has been down-trending on the daily time frame. The trend has formed a descending channel. The lower border has been tested three times. The …
Forex Strategies
The EURUSD Is Set to Dip as Fears of a Russia-Ukraine War Mount
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 …
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 …
