After the bear market was interrupted at the $0.0046 price level, bullish traders have been steadfastly striving to steer the market toward recovery, aiming for the $0.006 price level. Nevertheless, the D2T/USD market faced a substantial resistance barrier at the $0.0047 price level, resulting in a …
Forex Strategies
US Dollar Gains Resilience Over Kiwi Strength
US Dollar gains resilience over Kiwi strength. During the Asian session on Tuesday, Kiwi dropped to 0.5960, marking its second consecutive session of losses. In contrast, the US Dollar Index (DXY) has rebounded to approximately 105.40 from a two-month low. This recovery is driven by improved US …
EURUSD Bullish Gain Weighs Higher
EURUSD Analysis - Bullish Momentum Persists EURUSD's bullish gain still weighs higher this week. The pair is displaying a robust bullish outlook. The bulls have been steadily gaining strength, overshadowing the previous bearish sentiment. Sellers have taken a step back, giving buyers an advantage. …
