In our previous analysis of the Dash 2 Trade market, we observed consolidation around the $0.0026 price level. While the market remains near this level today, it experienced a brief downward movement, dipping to $0.0025 before recovering. This dip was driven by bullish sentiment that initially …
Forex Strategies
Market Anticipates a Federal Reserve Rate Cut Amid Economic Uncertainty
The market anticipates a federal reserve rate cut amid economic uncertainty. This sentiment has been fueled by comments from Bank of America CEO Brian Moynihan, who has publicly urged the central bank to take action. However, Federal Reserve board member Michelle Bowman has advocated for …
EURUSD Buyers Take the Stage as Sellers Weaken
EURUSD Buyers Pull into the Market EURUSD buyers have stepped up as sellers begin to lose their grip. The pair has opened the new week with buyers pushing back against the sellers. After trading down to the 1.09770 key level, the buyers have managed to gain control at the 1.09210 significant …