NZDUSD Analysis: Temporary Upsurge Amidst Bearish Trend NZDUSD witnessed a notable shift towards bearish market sentiment at the onset of the year. The preceding year concluded with the Stochastic indicator reaching the overbought region, marking the beginning of a significant price decline. The …
Forex Strategies
GBPJPY Breaks Free from Consolidation Phase
Market Analysis: Buyers Need to Regain Confidence The GBPJPY has recently concluded a reaccumulation phase, as evidenced by its behavior on the daily chart. Throughout this accumulation period, the market exhibited a distinct range-bound pattern, fluctuating between the resistance level of 193.50 …
Dash 2 Trade (D2T/USD): Bulls Eyeing Breakout Above $0.004
In our previous analysis of the D2T/USD market, we observed persistent bearish pressure exerting influence on the price dynamics. Following a failure to reach the $0.005 price level on April 1, bearish momentum has remained dominant. Although bullish support around the $0.004 price level temporarily …
