At $0.001620, Battle Infinity's bearish price was rejected, and the market was taken over by the bulls. The bear market was cut short in the same way the bull market was cut short at the $0.00176 price level in yesterday’s market. It is expected that the price is going to rally, giving the bulls the …
Forex Strategies
Battle Infinity (IBAT/USD) Bulls Wearing Out the Supply Pressure
After Battle Infinity's bullish price return above the $0.0017 price level, they failed to go beyond the new supply line at $0.001762. The bearish resistance proves impregnable, and as a result, the demand line was forced to fall back below $0.0017 to find support for the bull market. Key …
The USD Index Is Poised to Break Through the 102.00 Key Level
The USD index is poised to break through the 102.00 level. The dollar index has measured a bounce off the key multi-month low around 101.500. The DXY, which appears to track the dollar against a basket of its adversaries, managed to hold its ground as the 102.000 key zone was reclaimed as the new …