NZDUSD Analysis - The Price Gets Upset by the Selling Pressure Around the Supply Zone NZDUSD gets overwhelmed by the selling pressure around the supply zone at the 0.6470 price level. In the past few days, the market has been rallying in fractals. NZDUSD buyers appear to be extremely bullish on the …
EURUSD Analysis - Buyers Need More Force to Surpass the 1.06000 Significant Level EURUSD could trade south as the price rallies back to a 1.06000 significant level. The traders are currently building up momentum to push forward in the market. The momentum indicator is currently increasing in the …
As the dollar weakens, the EURUSD anticipates further expansion. The currency pair is aiming to expand beyond the 1.0600 pivot level. As buying pressure keeps expanding, a major focus is still given to the US ISM non-manufacturing sector. The euro on its own is not getting much stronger at the …