The D2T market continued its movement around the $0.0329 price level, while both support and resistance levels converged against it until the price broke out to the downside. At the $0.0273 price level, bulls are beginning to buy again, and as a result, the market is turning to the upside as the …
Price Action Charts in Focus
GBPJPY Direction Remains Upward As RSI Approaches Overbought Region
GBPJPY Analysis: Direction Remains Upward as RSI Approaches Overbought Region GBPJPY direction remains upward as the RSI approaches an overbought region. The market has been ranging between the 169.000 and 155.350 price levels since November 5, 2022. According to the Relative Strength Index (RSI), …
NZDUSD Consolidates as Market Anticipates Breakout
NZDUSD Analysis: The Market Keeps Consolidating As Buyers and Sellers Await A Breakout NZDUSD keeps consolidating as buyers and sellers await a breakout from a triangle pattern. The consolidation phase began after the liquidity grab was below the 0.61910 price level. This was revealed by the …
