Market Analysis - December 5th NZDUSD still clings to a bullish theme despite the sell motion. The currency pair has been facing difficulties in surpassing the price level of 0.62170. Although there was a breakout, indicating a bullish trend. This led to a sudden decrease in momentum, suggesting a …
Forex Strategies
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 …
AUDUSD Takes a Sell Dive Amidst the RBA Rate
AUDUSD takes a sell dive amidst the RBA rate. The pair has been subject to significant fluctuations in recent trading sessions, driven by a combination of factors. These factors include the Reserve Bank of Australia's (RBA) policy decisions, global geopolitical tensions, and the upcoming US economic …