While the D2T/USD market endeavors to establish a firm support above the $0.006 price level to sustain its upward momentum, it faces notable bearish resistance at $0.0065. This resistance has consistently hindered the bull market's progress. Nevertheless, the candlestick pattern observed in the …
Forex Strategies
USDCAD Extends Downward Correction as Fed Pauses Rate Cuts
USDCAD has continued to weaken against its counterpart. This seems largely due to the Federal Reserve's decision to leave rates unchanged. Coupled with burgeoning economic developments on the CAD side, headwinds continue to drive the market toward lower price levels. Key Price Levels: Resistance …
NZDUSD is Pressing Back to 0.60710 Significant Level
Market Analysis - Market Traders Are Awaiting a Stronger Trend The NZDUSD price has recently retreated and is now pressing back towards the significant level of 0.60710. However, the currency pair has yet to kickstart a stronger trend this month. Since early last month, the bears have managed to …
