EURUSD Analysis - Euro Faces a Setback Due to Selling Action EURUSD still has hope for a fresh high despite selling action. The pair continues to remain in a tight range, with bulls and bears both hoping for a breakout in the near future. Despite the selling pressure in the market, the bulls are …
Price Action Charts in Focus
Dash 2 Trade (D2T) Is to Rise From the $0.0175 Price Level
D2T began moving sideways after the price hit the mark of $0.0233 on April 24. Then, after a lower resistance level formed at $0.021, we began to see both the resistance and the support levels growing closer as the standoff intensified around the equilibrium level of the market. The market seemed to …
NZDUSD Gains Strength as the Dollar Loses Momentum
NZDUSD gains strength as the dollar loses momentum. The Kiwi market has been experiencing an impressive upswing since Monday. The weakening of the US dollar has been the major catalyst for this bullish trading atmosphere. The drop in US Treasury bond yields and bets for additional rate hikes from …
