NZDUSD Analysis - Price Breaks Through 0.70400 Key Level NZDUSD breaks through a significant key level of 0.70400 as the market now resumes its downtrend. Kiwi has been in a consolidation phase from mid-June to mid-August as the market keeps accumulating. The price then broke out downwards to the …
Forex Strategies
EURUSD Continues Its Bearish Movement as It Approaches a Significant Level
EURUSD Analysis - Price Continues Its Bearish Movement to the 1.16600 Significant Level EURUSD continues its bearish movement as the price is seen approaching the 1.16600 significant level. Fiber has been in a side-way market since mid-June. This accumulation phase is a result of the previous …
EURCHF Breaks Free of the 1.08700 Transition Zone
EURCHF Analysis - Price Breaks Free From the Bearish Reaction at the 1.08700 Resistance EURCHF breaks free of the 1.08700 key level after holding on for 6 trading days. The bullish market was put under duress at the 1.08700 resistance, which threatened to curtail its impressive rally. Price had …