Market Analysis - Price Hits 0.98480 Major Resistance EURCHF experiences a market structure shift to the downside after hitting the 0.98480 major resistance. Before the recent market structure shift, the market was bullish owing to the reversal at the 0.92540 support. The trading range of the …
Forex Strategies
USDCHF Buying Momentum Declines
USDCHF Analysis - Market Reaches an Overbought State USDCHF buying momentum declines as the RSI (Relative Strength Index) indicates that the market is overbought. The price is approaching the 0.92450 supply zone. The selling pressure from the supply zone is likely to cause a significant decline in …
Dash 2 Trade (D2T/USD): Bulls Charge In at $0.0038
During the past week, the D2T/USD market experienced a notable bearish trend, with efforts to push prices toward the $0.0037 threshold. However, these bearish attempts were met with resistance, as bullish activity in this zone effectively countered downward pressure, driving prices back above …