After the bear market was interrupted at the $0.0046 price level, bullish traders have been steadfastly striving to steer the market toward recovery, aiming for the $0.006 price level. Nevertheless, the D2T/USD market faced a substantial resistance barrier at the $0.0047 price level, resulting in a …
Price Action Charts in Focus
NZDUSD Experiences Another Downturn
Market Analysis: NZDUSD sellers trigger another sell clause NZDUSD is experiencing another downturn this week after a strong bullish purge. The bears have again taken control of the NZDUSD, pushing the price lower. Bulls are currently on the sidelines as sellers dictate the market. The ongoing week …
US Dollar Gains Resilience Over Kiwi Strength
US Dollar gains resilience over Kiwi strength. During the Asian session on Tuesday, Kiwi dropped to 0.5960, marking its second consecutive session of losses. In contrast, the US Dollar Index (DXY) has rebounded to approximately 105.40 from a two-month low. This recovery is driven by improved US …