The bullish momentum that initiated near $0.0007 has progressed beyond the $0.0008 resistance level but now encounters resistance at $0.001. This level has introduced a bearish bias, prompting a slight retracement. Bulls, however, have successfully converted $0.0008 from a resistance into a support …
Forex Strategies
Dash 2 Trade (D2T/USD) Surges from $0.0007, Faces Resistance at $0.0010
The ongoing D2T/USD bullish trend, which began at the $0.0007 level and swiftly broke through the $0.0008 resistance, is now slowing as price action approaches the $0.001 mark. Despite repeated resistance and rejections at this key $0.001 level, bulls have successfully established support at …
GBPJPY Experiences a Bullish Reversal
Market Analysis: GBPJPY Undergoes Bullish Continuation The GBPJPY currency pair has resumed its bullish trend after forming a double bottom pattern, a classic bullish reversal signal. This pattern emerged when the price dropped to the 178.240 level before embarking on a strong upward trajectory, …
