Market Analysis: A Major Price Breakout is Looming on the GBPJPY Market A GBPJPY price breakout is looming on the 24-hour chart. Higher lows and lower highs have aligned to form a symmetrical triangle. The market structure signals the readiness for an impulsive breakout. GBPJPY Major …
Price Action Charts in Focus
USDCHF Succumbs to Selling Pressure
USDCHF Analysis: Bearish Bias Prevails USDCHF succumbs to selling pressure. The currency pair is firmly entrenched in a selling mode, with bears showing no signs of relinquishing control. This relentless downward trajectory began with the breach of the crucial 0.89910 price zone. For the USDCHF …
Dash 2 Trade (D2T/USD) Retraces to the $0.0045 Price Level in an Effort to Sustain the Bullish Trend
Lately, the D2T/USD market has been experiencing an upward trend; however, this trend encountered a significant hurdle when the market reached the $0.005 price level. The convergence of bearish activity at the $0.005 price threshold, combined with notably high volatility, rendered this level a …