The D2T/USD market is making a significant effort to rally. In the most recent trading session, bulls dominated a substantial portion of the activity. However, at the $0.0027 price level, the market encountered resistance. As a result, the bullish momentum was rejected, causing the price to begin …
Forex Strategies
USDCHF Buyers Attempt Reversal as Bearish Momentum Slows Down
USDCHF Buyers Attempt to Regain Control USDCHF buyers are trying to reverse the trend as bearish momentum slows down. The currency pair has seen a deceleration in the bearish trend, with sellers losing steam after pushing prices close to the 0.88440 significant level. Buyers returned strongly after …
GBPJPY Prepares for a New Phase of Bullish Trend
Market Analysis: GBPJPY Indicates End of Retracement Phase In the GBPJPY market, the British Pound (GBP) has recently exhibited a robust bullish trend against the Japanese Yen (JPY), with the price climbing above the significant support level of 193.100. A notable pattern has emerged where the …
