Market News
NZD/USD is forming head and shoulders pattern
After a long bullish trend, finally trend reversal signals are being issued Building Permits and ANZ Business Confidence were released
July 30, 2020
After a long bullish trend, finally trend reversal signals are being issued Building Permits and ANZ Business Confidence were released
Head and shoulder pattern is formed Building Permits and ANZ Business Confidence were released in New Zealand and the US
EUR getting empowered against USD While the US consumer confidence dropped more than expected, the Richmond Fed manufacturing index grew.
Uptrend is still on going UK’s CBI distributive trades survey rose and UK’s BRC shop price index fell. UK’s consumer
All resistance levels are broken USD is under pressure due to social and economic crisis. Yesterday there were no important
Critical candlestick for USD/JPY PMI Manufacturing, Tertiary Industry Index and PMI Composite data were released in Japan and the US
Bulls look to be getting tired UK’s consumer price index increased along with the retail price index. On the chart,
Descending channel has formed UK’s consumer price index increased along with the retail price index. On the chart, the price
Ascending wave is limited EURUSD did not move much yesterday due to lack of economic reports however the reports on