NZDUSD Analysis – Price Retests the 0.68000 Critical Level as It Falls Lower NZDUSD retests the critical level at 0.68000 as it prepares to push to lower levels. The market is pushing to continue the downward trend that began at the beginning of last month. Price is, however, encountering …
Price Action Charts in Focus
EURUSD Encounters Solid Resistance at a Significant Support Level
EURUSD Analysis – Price Encounters Solid Opposition to Its Downflow at 1.12020 EURUSD encounters solid opposition to its downflow at the 1.2020 significant support level. Price broke the immediate price line before this support line on the 16th of November. A further pullback then crashed the …
The Pound Sterling Could Be Adversely Affected by the Omicron Variant
The pound sterling is in peril as the UK tightens its coronavirus restrictions once more. Now the Bank of England (BOE) raising interest rates does not appear as assured as it did only a few weeks ago. The Pound Sterling Is Expected to Fall as a Result of the New Lockdown Order Prime Minister …