Market Analysis: Market Experiences Intense Bearish Momentum Dominance NZDUSD (New Zealand Dollar) against the US Dollar (USD) exhibited a robust bullish trend beginning in early May 2024, ascending from a baseline of 0.58800. This uptrend continued into mid-June 2024, with the pair reaching a peak …
Forex Strategies
USDCAD Faces Pressure Amid Interest Rate and Economic Challenges
The USDCAD exchange rate continues to experience downward pressure as a result of interest rates and broader economic challenges. Currently, the USDCAD pair is trading around 1.3760, with the Canadian dollar experiencing strain from a combination of factors. A significant drop in oil prices, along …
Dash 2 Trade (D2T/USD) Bulls Stay Resilient Under Bearish Pressure
The bullish side of the Dash 2 Trade market continues to face significant bearish pressure. In the last analysis, it was speculated that the bulls might find strength at the $0.0026 price level. Although the price bounced as predicted, the bulls were unable to push the price beyond the $0.0027 …
