GBPUSD bulls surrender as the price rally comes to a screening halt. On Monday, the GBP/USD currency pair fell from its one-month high as traders cashed out on the rally of the past three days. Market studies indicated that the market was overbought, leading investors to exit long positions before …
Forex Strategies
Dash 2 Trade (D2T/USD) Recovers From Below the $0.008 Price Level
The $0.008 price level was anticipated to be the point at which the market is expected to recover. However, the D2T bearish aggression of the last trading session brought the market below this level. For now, the D2T bear market has hit a brick wall at $0.0076, and from here, the market rallies …
EURCHF Price Remains Settled Below the 0.96800 Market Level
EURCHF Analysis - Sellers Struggle to Breach Further EURCHF price remains settled below the 0.96800 market level. This week, the bears have not been able to perform as well as they would have liked. Despite this, the currency pair's status still indicates a bearish trend in the market. The sellers …