USDCHF Analysis - Market Reaches an Overbought State USDCHF buying momentum declines as the RSI (Relative Strength Index) indicates that the market is overbought. The price is approaching the 0.92450 supply zone. The selling pressure from the supply zone is likely to cause a significant decline in …
Forex Strategies
Dash 2 Trade (D2T/USD): Bulls Charge In at $0.0038
During the past week, the D2T/USD market experienced a notable bearish trend, with efforts to push prices toward the $0.0037 threshold. However, these bearish attempts were met with resistance, as bullish activity in this zone effectively countered downward pressure, driving prices back above …
GBPJPY Buyers Struggle for Momentum
Market Analysis: Buyers Need to Regain Confidence GBPJPY Buyers Struggle for Momentum. The pair has been in a consolidation phase for over two weeks. While buyers have been making progress, the lack of significant momentum has prevented any major moves. The market has been held off from breaking …
