The support zone for the D2T/USD market is currently defined between the $0.0007 and $0.0008 price levels. During the most recent bullish rally, the price surged close to $0.0012. However, this was followed by a strong bearish correction, amplified by heightened market volatility at the time. …
Forex Strategies
GBPJPY Anticipates a Potential Bearish Reversal
Market Analysis: GBPJPY Signals a Possible Bearish Trend as Price Stalls The GBPJPY pair has displayed a robust bullish trend in recent weeks, stemming from a significant reversal off the 185.280 support level. In early August, the bearish momentum encountered strong support at this level, leading …
NZDUSD Continues to Trend Bearish
Market Analysis: NZDUSD Remains on Track Toward 0.58530 The NZDUSD currency pair has experienced a notable shift in momentum, breaking below the 0.61170 level and reinforcing its bearish trajectory. This reversal follows the formation of a significant high in late September 2024, during which the …
