As expected, the D2T bear market could not go beyond the $0.01 price level. After a while of consolidation around the level, an upside retracement was anticipated. This started taking place on Saturday towards the end of the daily session and gained more momentum the following day. The very first …
Price Action Charts in Focus
USDCHF Market Takes a Bearish Turn as the US Dollar Shows Slow Response
The USDCHF market takes a bearish turn as the US dollar shows a slow response. The USDCHF has been in a tug of war early in this Monday euro session. Despite the US dollar responding to the hawkish Fed's bet, the Swiss market failed to meet expectations of strong first-quarter IP (Industrial …
EURUSD Selling Volatility Drops as Buyers Pull Strength
EURUSD Analysis - Sellers Still Inch Closer to the 1.07230 Key Zone EURUSD selling volatility drops as buyers pull strength from the market. The forex market has been on a bullish platform for the past few months, with buyers pushing the price up to the key zone of 1.08850 in February. However, a …