EURUSD Analysis: Stochastic Suggests an Overbought Signal The market signal shows EURUSD lacks buyers' momentum. The EURUSD pair has been showing signs of bearish momentum since May 2023, with a significant break from the 1.10590 zone. The bearish signal has been solidified, and buyers have failed …
Forex Strategies
Dash 2 Trade (D2T/USD) Bulls Keep Firm Grip on the $0.008 Price Level
The Dash 2 Trade market has been trending downward since it broke out of the sideways-ranging market that kept its movement along the $0.0119 price level. The market broke out of this deadlock in early June. Since then, bearish sentiments have been driving the market to the downside. But at the …
GBPUSD Bulls Surrender as Price Rally Comes to a Screeching Halt
GBPUSD bulls surrender as the price rally comes to a screening halt. On Monday, the GBP/USD currency pair fell from its one-month high as traders cashed out on the rally of the past three days. Market studies indicated that the market was overbought, leading investors to exit long positions before …
