D2T began moving sideways after the price hit the mark of $0.0233 on April 24. Then, after a lower resistance level formed at $0.021, we began to see both the resistance and the support levels growing closer as the standoff intensified around the equilibrium level of the market. The market seemed to …
Forex Strategies
NZDUSD Gains Strength as the Dollar Loses Momentum
NZDUSD gains strength as the dollar loses momentum. The Kiwi market has been experiencing an impressive upswing since Monday. The weakening of the US dollar has been the major catalyst for this bullish trading atmosphere. The drop in US Treasury bond yields and bets for additional rate hikes from …
EURUSD Buyers Have a Firm Grip on the Market
EURUSD Analysis - Buyers Are Ready to Breach Beyond the 1.10520 Key Level EURUSD buyers have a firm grip on the market. For the past few weeks, despite numerous bearish movements, have been able to sustain their presence in the market. This week has seen a consistent movement of buyers following …
