Price Analysis – Tapering Movement Will Lead To a Bullish or Bearish Breakout? A bullish or bearish breakout is on the cards as NZDUSD tapers down into a descending triangle. This is a formation that the market has taken within a large consolidation movement. NZDUSD has been trapped in a ranging …
Forex Strategies
The Falling Wedge Formation Leads to EURUSD Market Pump
Price Analysis - EURUSD Experiences a Market Pump as It Breaks Out of Its Falling Wedge Formation The EURUSD falling wedge formation has finally led to a market break out. This comes after bears avenged the surge in price from the 1st of April to the 25th of May 2021. EURUSD experienced a …
EURCHF Keeps Falling Under Bearish Pressure
Market Analysis – Sellers Ensure That EURCHF Keeps Falling EURCHF keeps falling under pressure from the bears. This has been the trend since the 4th of March, when price was rejected at 1.11500. The market has since been sliding down till the present moment. The total decline in the market stands …
