As the faceoff between Dash 2 Trade bulls and bears extended into the second day, the bulls lost their grip on $0.0139, which was the second-to-last, line of defense for the D2T bulls. The current value is $0.0133. The demand line is going to gather momentum at this new level to reclaim its bullish …
Forex Strategies
USDCAD Dives Lower to 1.34000 Key Level
USDCAD dives lower to the 1.34000 key level. It is encouraging to see the USDCAD pair fill the modest bullish fissure opening on Monday and retreat to the 1.34000 key level during the early trading hours of the European session. The positive movement can be attributed to a few factors, including an …
EURUSD Sellers Outweigh Buying Strength
EURUSD Analysis - Price Makes a More Deep Approach to the 1.07200 Significant Level EURUSD sellers outweigh buying strength as the price currently loses its bullish momentum. The EURUSD is now making a deep approach to the 1.07200 significant level, which has been in place since the beginning of …