NZDUSD Analysis: Price Experiences an Uptrend With a Break in the Market Structure NZDUSD experiences a break in the market structure to initiate an uptrend. The overall market has been bearish since there was a break in the market structure on the daily time frame. The Moving Average period nine …
EURUSD Analysis: Bears Successfully Lead the Market to 1.11240 EURUSD bears successfully lead the market to the demand zone at 1.11240. The Moving Average period nine and the Moving Average period twenty-one crossed on the 16th of September. A bullish candle formed amid bearish candles on the 15th …
New Zealand and Australian dollar currencies fell on Monday as the mounting conflict in Ukraine obscured the prospects for international economic development, thereby trumping any positive financial news from Australia.The Australian dollar plunged to $0.7181 from a high of $0.7237 on Friday in a …