Yesterday's trading session saw a substantial decline in GBPUSD price action, following a robust resistance on the upward trajectory. While today's session has shown a slight uptick, bearish traders appear to be proceeding with caution, expecting additional momentum to unfold in both today's market …
Price Action Charts in Focus
EURJPY Bulls Turn Tail After Failing to Beat the 164.00 Resistance
Price activity in the EURJPY has renewed bearish momentum after failing to continue its upside retracement through what seems like a very strong resistance at the 164.00 mark. Consequently, it seems like the bulls are out of breath and are taking a break to gather some. Let's try to find out what …
Dash 2 Trade (D2T/USD) Reaches $0.0048 Resistance Again; Bull Market Appears Strong in Overcoming Resistance
On November 19, a resistance level was established at $0.0048 as sellers intervened, impeding the bullish recovery. Preceding this upward movement, the Dash 2 Trade market experienced a robust bearish phase, causing a decline from the approximately $0.0049 price level. Following the formation of …
