In recent developments, significant bearish pressure has intensified, leading to a decisive breach below the critical support level of $0.0045. This breach has prompted a growing bearish sentiment among traders, resulting in a further decline towards the $0.0040 mark. The heightened bearish momentum …
Forex Strategies
EURCHF Enters Overbought State in the Premium Zone
Market Analysis: EURCHF Sets for a Major Pullback to the Downside EURCHF enters an overbought state in the premium zone. Amidst prevailing bullish sentiment in the market, the price sets for a potential major pullback to the downside. According to the MA Cross, the market is clearly in a bullish …
EURUSD Reflects Losses as Buyers Lose Strength
EURUSD Analysis - Buyers Bow to Seller Pressure EURUSD reflects losses as buyers lose strength. The currency pair has been experiencing a decline in recent times as buyers lose their strength and sellers gain momentum. The market is currently trading around the significant level of 1.07400, …
