NZDUSD Analysis – Bulls Cancel Out the Bearish Drive of the Market NZDUSD bulls drive the price back into consolidation as the market experiences a false breakout. NZDUSD began ranging after price dropped off the 0.71300 key level. It was a strong bearish drive that bypassed 0.70550 to get 0.69150. …
Forex Strategies
EURUSD Keeps Trading Around the Oversold Region
Market Analysis – EURUSD Keeps Sliding and Trading Downwards EURUSD keeps moving down in a bearish trend after the latest bullish move broke down. Price had switched direction bearish-ward at the beginning of the year after attaining a 3year high at 1.23500. Since then, the market has been sliding …
EURCHF Is Approaching a Retest Zone and Is Expected to Continue Its Bearish Trend
EURCHF Analysis – Price Is Approaching a Key Level at 1.07700 Where It Will Retest to Go Lower EURCHF is approaching a retest zone at 1.07700 to drop lower. Price returned to a bearish trend on the 12th of August after a major rejection at 1.09050, a key significant zone. Thereafter, the market has …
