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 …
Forex Strategies
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 …
Dash 2 Trade (D2T/USD) Recovers From Below the $0.008 Price Level
The $0.008 price level was anticipated to be the point at which the market is expected to recover. However, the D2T bearish aggression of the last trading session brought the market below this level. For now, the D2T bear market has hit a brick wall at $0.0076, and from here, the market rallies …