In the D2T/USD market, the $0.0050 price level was established on the first day of October, when bullish momentum propelled the market to this level. However, the bulls were unable to maintain their position, leading to a subsequent retreat. Since that time, the resistance level has remained …
Price Action Charts in Focus
Bear Traders Are Leading the Way in the GBPUSD Market
Towards the end of last week's trading, GBPUSD buyers had attempted to cross significantly above the 1.2200 mark. But it appears that headwinds came back to life and have stayed in control of price movements till now, causing further price declines in this market. Major Price Levels: Resistance …
NZDUSD Decline Amidst Dollar Strengthening
NZDUSD declines amidst dollar strengthening. The Kiwi exchange rate is currently declining and hovering around the 0.5970 market level. This is due to the US dollar strengthening as investors adopt a more cautious approach. The tensions in the Middle East are causing investors to seek safe-haven …
