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 …
Price Action Charts in Focus
USDJPY Previous Support Turns Into a Bullish Resistance
USDJPY Key LevelsResistance: 111.000, 109.500Support: 108.550, 107.550USDJPY forms a zigzag pattern on the daily chart. USDJPY experienced a serious plunge through April this year. The Plunge reversed to a bullish momentum on the 23rd of April. Price has been bullish afterward.Price has rallied into …
EURCHF Continues Correction After a Large Impulsive Swing
Key LevelsDemand: 1.11300, 1.09700Supply: 1.08600, 1.07400EURCHF repeats the same consolidation pattern after volatile market moves. EURCHF experienced very volatile moves from 16th to 25th of February where it was consecutively bullish. The impulse move reached its highest on the eighth day after …
