US Index loses steam as investors remain on the edge. The forex market is known for its constant fluctuations, and major currency pairs often show limited movement. Recently, investors have been cautious ahead of US economic data releases, which can significantly impact the performance of the USD. …
Forex Strategies
EURJPY Enters a Cautious Mood Ahead of the ECB’s Lane Speech
The EURJPY market had bounced off the support at the 164.00 mark. However, price movement seems to be more conservative at this point. Market participants seem to be anticipating further impetus, despite that the market appears to be on an upside retracement. Key Price Levels: Resistance Levels: …
Dash 2 Trade (D2T/USD) Embarks on a Quest for New Heights Beyond $0.0055
Recently, from the analysis of the D2T/USD market, we witnessed promising signs of the price trajectory surpassing the critical threshold of $0.0051, an expectation that came to fruition. Initially, the price soared momentarily above $0.0050, only to be met with formidable bearish resistance, …
