NZDUSD Analysis – 0.69400 Will Soon Give Way as Bears Mount Pressure Bears mount pressure on the NZDUSD 0.69400 demand zone to go lower. Ever since the Kiwi attained the 0.74600 supply level on the 24th of February 2021, bears have been working hard to drag the market down. Price started a decline …
Market Analysis – EURUSD Is Tapering in a Descending Triangle EURUSD is tapering to break out of a descending triangle. This comes after a major decline in the market from the 16th to the 18th of June 2021. Price then bounced off the support at 1.18400 but failed to make it past 1.19600 and dropped …
Price Analysis – EURCHF Have Gradually Plunged to 1.08250 in 100 Trading Days Bears have gradually plunged EURCHF back to its initial breakout point at the 1.08230 key level. On the 19th of February 2021, bulls escaped a mini-market consolidation to shoot price up from the 1.08250 support. The …
