The D2T/USD market initiated an upward breakout on August 10, followed by steady upward momentum. It surpassed several significant resistance levels along its path, ultimately reaching a peak of $0.00700 on August 16. As the price retracement ensued, the bulls successfully established support at …
Forex Strategies
Dash 2 Trade (D2T/USD) Gains Upward Traction
Dash 2 Trade departs from the sideways range-bound market and gains momentum as it establishes a target at the $0.00700 price level. Since the $0.00700 price level represents the initial psychological barrier on the path of the bull market, a slight retracement is witnessed after reaching this …
EURCHF Witnesses a Pullback as Sellers Regain Impetus
EURCHF Analysis - Sellers Make a Resurgence EURCHF witnesses a pullback as sellers regain impetus. The price has undergone a retreat lower as buyers failed to overcome the resistance at 0.96280. Sellers have stepped in, preventing the price from making further progress at this time. Despite the …