The $0.008 price is a crucial price level in the D2T market. For the bulls, this price level needs to be captured if the market is to rally back to the $0.01 price level. However, the bull market, after breaking out from slightly below the $0.007 price level, faces bearish resistance at $0.008. Key …
Price Action Charts in Focus
GBPJPY Overpriced as Sellers Prepare for Entry
GBPJPY Analysis - Sellers Prepare For Entry As The Market Becomes Overpriced GBPJPY sellers prepare for entry as the market becomes overpriced. The price has been rising since the bulls' took over the market in January 2023. As of now, the market is extremely overpriced, as indicated by the RSI …
NZDUSD Faces Major Resistance at $0.62480, Downtrend Persists
NZDUSD Analysis: NZDUSD Continues Its Downtrend As Price Hits Major Resistance At $0.62480 NZDUSD continues its downtrend as the price hits major resistance at $0.62480. The main direction of the market has been to the downside since February 2023. As far back as the last quarter of 2022, the price …