EURUSD sees an opportunity in the slow US economy. The US factory orders have been a major signal for the decline in the US dollar, giving rise to the Euro market. This growth has been acknowledged by the European Central Bank, which has indicated that it will raise the interest rate as the EUR/USD …
Price Action Charts in Focus
GBPJPY Buying Pressure Exhausted as Price Reaches Extreme High
GBPJPY Analysis - Buying Pressure Gets Exhausted As The Price Becomes Extremely High GBPJPY buying pressure gets exhausted as the price becomes extremely high. The market has reached an overbought status, according to the RSI (Relative Strength Index) indicator. As the price struggles to keep up …
Dash 2 Trade (D2T/USD) Still Strong at the $0.011 Support Price Level
For the past few days of struggle around the $0.012 price level, the Dash 2 trade bulls have been able to keep a firm grip on the $0.011 as the last line of defense. Towards the end of May, a higher support level was secured at the $0.0116 price level in proximity to the $0.012 resistance price …