The latest analysis of the D2T/USD market shows a rallying price action, with bullish momentum originating from the $0.0032 price level. However, the market peaked at a lower high of $0.0036, compared to the $0.0037 peak on Sunday, June 9. This descending peak indicates a bearish price buildup, …
Forex Strategies
GBPJPY Prepares For a New Bullish Phase
Market Analysis: GBPJPY Continues to Rally GBPJPY has exhibited a robust bullish trend, with its rally rooted in a pivotal trough established in late January 2024, which has since acted as the cornerstone of the ascending movement. The pair's upward trajectory has been persistent, with current …
NZDUSD Encounters a Pause at the 0.62170 Supply Zone
Market Analysis: Price Experiences a Bearish Pullback NZDUSD Price experienced a notable bullish trend at 0.58760, has seen as it swiftly ascent towards the 0.62170 supply zone. This level has proven to be a formidable barrier, curtailing the upward trajectory of the price, despite the daily Moving …
