After gaining upward momentum, the D2T/USD market broke free from the consolidation around the $0.003 price level. This breakout achieved the target of $0.0036 identified in the previous analysis. Capitalizing on the surge in volatility, bulls established a stronger support base near $0.0036, …
Forex Strategies
GBPJPY Explores Consolidation Phase Amid Quiet Economic Data
GBPJPY explores the consolidation phase amid quiet economic data. The current status of the GBPJPY currency pair involves a period of consolidation near the 200.00 market level. At the moment, market participants brace for a week with minimal economic data releases. This phase of consolidation …
Bullish Breakout Imminent for EURUSD as Buyers Strengthen Resolve
EURUSD Analysis: Buyers Strengthen Resolve for Bullish Breakout Bullish breakout imminent for EURUSD as buyers strengthen their resolve. The currency pair has been demonstrating a stronger resolve from the buyers, as they edge forward for gains. This renewed interest andbuying pressure is likely to …
