NZDUSD Analysis - Price Breaks Out From Its Downward Channel NZDUSD breaks out on the 10th of November after the crossing of the 9 and 21 Moving Averages. The massive breakout led to a dive in the market from the supply zone at 0.720 to the demand zone at 0.690. The 9 and 21 Moving Averages …
Japan sees a second consecutive rise in its retail sales. This rise is much quicker than anticipated in November. The decline in COVID-19 cases throughout November helped to boost consumers' spending more on products and services. Official statistics published today show that there was a 1.9% rise …
USDCHF Analysis - Price Aggregates Towards a Bullish Uptrend USDCHF aggregates at a key level as it continues in a bullish uptrend. The direction of the market movement indicates clearly that the price is currently in the accumulation phase. The price level is set to aggregate before the bulls …
