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Price Action Forex Trading Strategies

NZDUSD trends Bearish

Market Analysis: NZDUSD Undergoes Bearish Reversal The NZDUSD market recently experienced a significant bearish reversal as it approached the 0.63650 supply level, signaling a shift in market momentum. Previously, the pair demonstrated a strong bullish trend starting in late August 2024, where …

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Dash 2 Trade (D2T/USD) Secures Strong Support at $0.0012

The Dash 2 Trade market has begun an upward rally after a period of consolidation that followed a bearish phase, which drove prices down to the $0.0007 level. This recent bullish momentum suggests that the market has stabilized at this crucial support. The bullish drive has now overcome resistance …

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https://www.tradingview.com/x/ZzhQ85Qo/ https://www.tradingview.com/x/ftz70HUL/ Lucky Block Price Forecast - LBLOCKUSD Buyers Gear Up for Recovery as Market Finds Support LBLOCKUSD Price Forecast - November 4th Lucky Block price forecast shows the market is setting the stage for a bullish comeback, with buyers preparing to reverse the recent dip to $0.00001820. LBLOCKUSD Long Term Trend Bullish (Daily Chart) Support Levels: $0.00001820, $0.00001970 Resistance Levels: $0.00002500, $0.00002050 Despite last week’s decline, the current price action reflects an attempt by buyers to reclaim control and re-establish upward momentum after a pause that saw prices hit $0.00002500. This pullback may be a setup for a renewed bullish drive as buyers gather strength at key support levels. Lucky Block Price Forecast - LBLOCKUSD Outlook After the drop to $0.00001820, buyers have defended the support area, aiming to stabilize and rebuild confidence. This effort appears to be gaining momentum as the bulls test the $0.00001970 level. While the recent sell pressure has challenged buyers, the overall trend shows a potential for recovery, especially if buyers can hold above $0.00001970. The MACD (Moving Average Convergence and Divergence) remains below the zero line, indicating that sellers still hold some influence. However, the slowing downward movement suggests momentum may be weakening, allowing buyers a chance to regroup. Similarly, the Parabolic SAR indicator is currently bearish but could soon flip bullish if buyers push higher, signaling a possible trend reversal. On the daily chart, buyers are navigating a pressured zone, yet there is clear potential for a recovery if the bulls can sustain pressure against sellers. A successful push above $0.00002050 would strengthen the recovery case, with a higher target back to $0.00002500. Lucky Block Medium Term Trend: Bullish 4-hour chart Lucky Block's buyers are poised for a potential resurgence, and if bullish indicators align, LBLOCKUSD could see renewed upward movement. Traders may watch for the MACD and Parabolic SAR to confirm a stronger buying sentiment. The LBLOCKUSD price in the short time frame may linger while buyers and sellers struggle. https://www.tradingview.com/x/t0OLoXTo/ https://www.tradingview.com/x/JXv68DDn/ EURUSD Buyers Test 1.08780 Resistance as Dollar Gains Strength

EURUSD Buyers Feel Pressure EURUSD buyers are testing the 1.08780 resistance as the dollar strengthens, creating challenges for upward momentum. The pair has encountered resistance at this level, with buyers attempting to regain control amid renewed dollar strength. Early in the week, the Euro …

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