After the Dash 2 trade buyers lost their grip on the $0.02 price level, they were forced to find refuge at $0.0118. Buyers are so bullishly biased toward this price level that they have built a strong fortress around it. On May 9, the buyers mustered enough bullish sentiments to propel the bull …
Price Action Charts in Focus
GBPJPY Plunges Lower Following The Formation Of A Failure Swing
GBPJPY Analysis: Price Plunges Lower Following The Formation Of A Failure Swing GBPJPY plunges lower following the formation of a failure swing. The market has been in an upward trend since the beginning of the year. However, the RSI (Relative Strength Index) is currently indicating that the market …
NZDUSD Buyers Return To The Market As Buying Momentum Increases
NZDUSD Analysis: Buyers Return To The Market As Buying Momentum Increases NZDUSD buyers return to the market as buying momentum increases. While the market is yet to sail through the ongoing correction phase, the overall trend is still bullish. Recently, the price soared impressively to run through …