The latest analysis of the D2T/USD market shows it has been caught in a trading range after a prolonged bearish trend. This range, which has persisted for several sessions, has now begun to shift towards higher price levels. In the second 4-hour trading session today, the market suddenly picked up …
Forex Strategies
USDCHF Extends Its Bearish Run
USDCHF Sellers Aim for More Dives USDCHF price extends its bearish run as the pair continues its downward trajectory, with sellers maintaining a strong grip on the market. The pair has been forming lower highs, indicating a persistent bearish bias. The current focus is on the $0.87300 support …
GBPJPY Faces Potential Reversal After Aggressive Downturn
Market Analysis: GBPJPY Bearish Market Diminishes, Suggesting a Conclusion The GBPJPY currency pair peaked in early June 2024, followed by a sharp bearish reversal. This downward movement was characterized by significant bearish candles, indicating strong selling pressure within the market. A …
