U.S. mega gasoline operator, Colonial Pipeline, sustained a ransomware attack from a suspected professional cybercriminal group. This has led the fuel company to cease functioning, thereby causing havoc to the energy market. As a result, the pump price could rise to a seven-year high at $3.The …
Price Action Charts in Focus
EURUSD Continues a Bullish Momentum as It Breaks Out of Resistance Level.
Key Levels:Support levels: 1.1700, 1.1850, 1.2000Resistance levels: 1.2350, 1.2250, 1.2150EURUSD halted on its bullish run at the beginning of the year. On the 6th of January 2021, price peaked at 1.2350 after which it dropped through the year. Subsequent lower highs were formed on the daily chart. …
NZDUSD to Reappraise the 0.72900 Supply Zone
NZDUSD Key Levels:Resistance Levels: 0.73820, 0.72900Support Levels: 0.71350, 0.70020NZDUSD hit a significant high of 0.74680 on the 25th of February 2021 after which it has been on a downward trend. Price then ranged for a short period with 0.71350 as support after which there was a major break-out …
