Price Analysis – NZDUSD Remains in Consolidation as Market Stays Indecisive NZDUSD remains indecisive as bears cancel out bullish effort in the market. The market remains in the lower half of a larger market consolidation between the 0.7300 and 0.69400 key level. But unlike the previous experience …
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 …
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. …
