NZDUSD Analysis - Market Confluence Zone Is Influential as NZDUSD Breaks Out NZDUSD breaks out of its ascending triangle pattern yesterday, January 3rd. The triangle pattern was formed at 0.6850 level, which formed a confluence zone. The market is seen to highly respect the technicals. The demand …
EURUSD Analysis - Buyers Are Contesting to Drive the Market Beyond 1.13840 EURUSD buyers are contesting to drive the market out of the ranging phase in which it has been bottled up since mid-November last year. The ranging phase shows a clash between buyers and sellers as buyers try to bring the …
EURCHF Analysis - Price Moves in a Freeway Downward Below the 1.04710 Key Level EURCHF price is descending on a freeway below the 1.04710 key level. The market has been willing to move in a bearish format right from mid-September. The bears, however, succeeded in achieving their objective. They …