NZDUSD Analysis: Upward Retracement Succeeds Breakout From The Double Top Neckline NZDUSD upward retracement succeeds in breaking out of the double top neckline. The upward retracement becomes necessary as the price hits a discount range. The discount array is constituted by an FVG (Fair Value Gap) …
After a brief struggle at the $0.008 price level, D2T bulls lost grip on it. They were forced to secure a near-support level of $0.007139. The bull market is expected to bounce back from here. However, the low trading volume may cause the market to resume a price consolidation trend around the …
The constant fundamentals surrounding the USD seem to have kept the USDCAD pair on a bearish trajectory. Price action in this market has extended a retracement towards lower support levels. Let's examine this market to see how things play out. Major Price Levels: Resistance Levels: 1.3300, …
