In the D2T/USD market, despite the apparent sideways trend, there has been a subtle downward inclination. Notably, the $0.0055 price level has emerged as a robust resistance point for the bearish sentiment. Initially, there was an expectation that the market would undergo a reversal at this demand …
Price Action Charts in Focus
USDCAD Trades below the 1.3500 Price Level
The USDCAD pair had earlier faced support at the 1.3510 mark, but obviously, the support at that price level failed, and the pair now trades below it. Additionally, technical indicators seem divergent on any hopes of price action climbing above 1.3510 as a nearby resistance. Major Price …
NZDUSD Poises to Resume Uptrend After A Return From Premium Zone Mitigation Block
NZDUSD Analysis - Market Poises to Resume Uptrend After A Return From Premium Zone Mitigation Block NZDUSD is poised to resume its uptrend after a return from the premium zone mitigation block. After reaching a yearly high at $0.65380 in late January 2023, bullish momentum stalled, and NZDUSD fell …
