NZDUSD Analysis: Price Converges Within A Triangle Pattern As Redistribution Looms NZDUSD converges within a triangle pattern as redistribution looms. The convergence is about to take place as sellers prepare to dump the New Zealand dollar for the US dollar. While the market's order flow has been …
Price Action Charts in Focus
Dash 2 Trade (D2T/USD) Gains Upward Traction
Although the D2T market is ranging sideways above the $0.007 price level, which is a crucial support level and a very likely position for an upward price bounce, It is noteworthy that all the while the price has been consolidating, there have been repeated appearances of long-legged dojis. This …
US Dollar Shows Resilience Hoping for More Gains
The US dollar shows resilience hoping for more gains. The dollar Index is seen as showing signs of modest recovery gains after a period of weakness. Despite the recent dips, the US Dollar has managed to remain relatively steady in the market. The USD’s ability to hold its footing in the market can …