Price Analysis – NZDUSD Keeps Trading in Consolidation NZDUSD keeps trading in a ranging market courtesy of the 0.70550 and 0.69400 key levels. Bulls and Bears have been locked in a tussle for market preeminence since the 0.71300 support failed to keep price us. This ensured that the kiwi fell …
Forex Strategies
EURUSD Guns for Higher Prices After Rebounding off Its Falling Wedge Pattern
Market Analysis – Price rebounds off its falling wedge pattern and guns for higher prices. EURUSD guns for higher prices after it falls back to retest the upper border of the falling wedge pattern. The bulls have now used the falling wedge chart pattern properly to their advantage to cause a market …
EURCHF Is Set for Another Run-in With the Bears
EURCHF Analysis – Price Is Set for Another Bearish Round EURCHF is set for another bearish run-in after the latest move by sellers in the market. Price has been in a downward spiral since attaining a market level of 1.11500 on the 4th of March 2021. The market has been trading predominantly in the …
