Price Analysis - NZDUSD Continues Bearish Agenda NZDUSD continues to push down on the 0.69400 support to go lower. The market entered into the year 2021 on a bullish trend as shown by the MA period 100 (Moving Average). In particular, from the 2nd of November to the 1st of December 2020, there was …
Forex Strategies
EURUSD Is Facing a Weekly Support Obstacle to Go Lower
Price Analysis – EURUSD Is Facing a Fight to Plunge EURUSD is facing a real obstacle that is preventing it from falling. The obstacle is in the shape of a weekly support zone that lies between 1.17850 and 1.17100 key levels. The market has found it very hard to break through the zone in previous …
EURCHF Has Bounced Off Its Bearish Trend Line to Continue Consolidation
Market Analysis – EURCHF Is Set to Continue Downward Having Bounced Off Its Trend Line EURCHF has bounced off its bearish trend line in a consolidation formation. The price has been downsloping since reaching a height of 1.11500 on the 4th of March 2021. The upward movement was a result of a surge …
