Price Analysis – NZDUSD Continues to Undulate in the New Consolidation Phase NZDUSD has continued in its new phase of consolidation. The market had been jacked up by a bullish surge from the 2nd of November 2021 to the 3rd of December 2021 and it easily bypassed the 0.69400 resistance.The price met …
Price Analysis – EURUSD Is Poised to Fall Further With a Head and Shoulder Pattern EURUSD is poised to fall further after it conformed to a head and shoulder reversal pattern. Since the beginning of May 2021, prices have been rising. The price only retraced for a period between the 10th of June …
EURCHF Bounces up Upon Reaching Support at Confluence Zone EURCHF resumes uptrend after a dive into the support zone. The market experienced a major trend reversal on the 18th of May 2020. This was seen with a large bullish engulfing candle on the daily chart. The bulls aimed for a higher price but …
