Market Analysis - Bearish Pressure Keeps EURUSD Sliding Downwards EURUSD keeps sliding downwards under the influence of the bears. The market uptrend had been halted when bulls failed to break the guard of the 1.22700 resistance level on the 26th of May 2021. Soon enough, a downtrend kicked in due …
Money management
Citigroup and the Australian Mutual Provident Society (AMP) Warn That Australia’s Economy Could Slip Back Into Recession.
Australia's GDP may have contracted marginally from May to June, reports Citigroup Inc. and Australian Mutual Provident Society. This gives a dire visualization of a technical recession when the result is added to the economic slump (cause by the Covid-19), that is forecasted for the present …
EURCHF Bulls Are Getting Stronger as the Market Falls
EURCHF Analysis – Market Fall Is Being Opposed as Bulls Are Getting Stronger EURCHF bulls are getting stronger with every depth that the market falls. Bulls started getting rebellious against price drop at 0.08700 (which had acted as a resistance for market consolidation earlier in the year). Price …
