Price Analysis – Tapering Movement Will Lead To a Bullish or Bearish Breakout? A bullish or bearish breakout is on the cards as NZDUSD tapers down into a descending triangle. This is a formation that the market has taken within a large consolidation movement. NZDUSD has been trapped in a ranging …
Price Action Charts in Focus
The Falling Wedge Formation Leads to EURUSD Market Pump
Price Analysis - EURUSD Experiences a Market Pump as It Breaks Out of Its Falling Wedge Formation The EURUSD falling wedge formation has finally led to a market break out. This comes after bears avenged the surge in price from the 1st of April to the 25th of May 2021. EURUSD experienced a …
A $1 Trillion Infrastructure Bill Has Been Passed by the U.S. Senate; May Be Approved This Week
According to Reuters, an infrastructure bill of approximately $1 trillion has been formulated by the U.S. senate. The essence of the bill is to build more infrastructure and renovate existing ones that are defective. Some of the amenities in view include sea-ports, rail-lines, motorways, bridges, …