GBPUSD Market takes caution with the dollar's strength. The GBP/USD pair is facing a difficult situation as the US dollar begins again to strengthen, reaching its recent peak level since April. This is largely due to the recent surge in US long-term inflation anticipations, which reached a 12-year …
Price Action Charts in Focus
Dash 2 Trade (D2T/USD) Stabilizes at $0.012 in Preparation for Upside Action
After the Dash 2 trade buyers lost their grip on the $0.02 price level, they were forced to find refuge at $0.0118. Buyers are so bullishly biased toward this price level that they have built a strong fortress around it. On May 9, the buyers mustered enough bullish sentiments to propel the bull …
GBPJPY Plunges Lower Following The Formation Of A Failure Swing
GBPJPY Analysis: Price Plunges Lower Following The Formation Of A Failure Swing GBPJPY plunges lower following the formation of a failure swing. The market has been in an upward trend since the beginning of the year. However, the RSI (Relative Strength Index) is currently indicating that the market …