Towards the end of yesterday’s trading session, the D2T market neared the $0.03 price mark, but the bullish price got rejected at around the $0.0294 price level. The selling pressure is driving the price to the downside, an ideal place for traders to buy. Currently, the market moves around $0.0259. …
Price Action Charts in Focus
USDCHF Is Still Exercising Bearish Strength Lower
USDCHF Analysis - Sellers Are Grinding Lower to the 0.91250 Key Zone USDCHF is still exercising bearish strength. The currency pair is currently experiencing a bearish trend as sellers continue to push the price lower. This trend has been consistent since the beginning of the week, with sellers …
GBPJPY Soars Skyward As The Market Leaves The Oversold Region
GBPJPY Analysis: Price Soars Skyward As The Market Leaves The Oversold Region GBPJPY soars skyward as the market leaves the oversold region. Given that the price is still making higher highs, the downtrend appears to have halted. Nonetheless, the 156.7200 support level and the 165.1000 price …
