Market Analysis - Price May Continue Sideways GBPJPY sellers lose strength; buyers attempt to bounce. The pair has been experiencing a lack of clear direction since November. Both buyers and sellers have been engaged in a tug of war, resulting in a sideways market and indecision. The buyers have …
Forex Strategies
Dash 2 Trade (D2T/USD): Bulls Dragging Bears Along as They Reach for $0.005
In the D2T/USD market, the presence of long-legged dojis suggests indecision among market participants. However, the overarching trend indicates that buyers maintain control, propelling the market steadily toward the $0.005 price threshold. The D2T/USD price experiences rapid oscillations between …
NZDUSD Clings to a Bullish Theme Despite the Sell Motion
Market Analysis - December 5th NZDUSD still clings to a bullish theme despite the sell motion. The currency pair has been facing difficulties in surpassing the price level of 0.62170. Although there was a breakout, indicating a bullish trend. This led to a sudden decrease in momentum, suggesting a …