Market Analysis – Price Slumps as EURUSD Fails To Hold Above 1.18400 Support Level EURUSD fails to capitalize on its breakout from a descending wedge and price has now dropped back to the upper border of the wedge. The wedge was formed after EURUSD was rejected at 1.21460. Price dropped 2.50% in 3 …
New Zealand is experiencing an economic downturn despite success on the health front. The measures taken to curb and curtail the spread of COVID 19 have led to labor shortages in different sectors of the economy. This is in turn leading to inflation. The Prime Minister has promised to address the …
Price Analysis – Market Direction Will Be Determined After EUCHF Consolidation EURCHF consolidation is next on the market’s agenda after plunging to below 1.07400. Over the past 5 months, EURCHF general direction has been downward. But the downward movement have had many events happen along it. …
