EURJPY bearish sentiment persists as economic factors influence market dynamics. The pair is currently hovering around the 156.00 key level. This indicates a modest increase for the day. Traders are adjusting their expectations for 2024 in response to a dip in European inflation. This decline has …
Forex Strategies
Kiwi (NZDUSD) Face Setbacks as Bullish Pressure Declines
Market Analysis - NZDUSD Sellers Seek Deep Penetration Kiwi face setbacks as bullish pressure declines. The Kiwi, represented by the NZDUSD pair, has encountered a setback in the face of declining bullish pressure. The bulls have loosened their grip, allowing sellers to hit hard and initiate a …
Dash 2 Trade (D2T/USD) Reaches a Key Demand Zone
The $0.0055 price level, once a formidable resistance, was successfully breached by Dash 2 Trade bullish momentum, subsequently transforming it into a support level. In early December, this level played a pivotal role in sustaining the bullish market trajectory, propelling prices towards the $0.0075 …
