In the previous Dash 2 Trade analysis, the market was in a tug-of-war between demand and supply around the $0.003 price level. Notably, the bulls made significant efforts to break through this resistance. In yesterday's trading session, these efforts paid off as increased liquidity in the bull …
Forex Strategies
Dash 2 Trade (D2T/USD): Stalemate Still at $0.003 as Bulls Gear Up for Breakout
The D2T/USD market has experienced a continuous struggle between bulls and bears, with the critical $0.003 price point serving as a significant resistance barrier. Despite multiple attempts by the bulls to break through, the bears have maintained control, keeping the majority of price movements …
GBPJPY Sustains Bullish Momentum With Reduced Volatility
Market Analysis: Price Rises Into the Overbought Region In April 2024, the GBPJPY market witnessed a noteworthy structural break, catalyzing a robust bullish rally that propelled prices toward the formidable resistance level of 200.500. This surge, however, was met with a pronounced retracement, …
