NZDUSD Market Analysis – the Price Is Set to Reverse Upon Breakout and Retest NZDUSD is set to reverse and has therefore defied its ascending channel. It has done this with a breakout and retest of the supporting trend line. There was a major change in the market bearish run which was initiated on …
EURUSD has posed a break in market structure which may lead to a reversal in the market. The market experienced a notable bullish trend reversal on the 31st of May 2021. The bulls propelled price to 1.2250. The rally in the market was faced with multiple retracement, but the buyers were sufficient …
EURCHF bears are seen to have driven the market to converge at a confluence between the short-term downtrend and the long-term uptrend. The Market trend reversed on the 18th of May 2020 upon reaching the 1.05100 demand zone. The bulls took charge and drove the price to 1.11500. Price was heavily …
