USD/CAD Long-Term Analysis: BullishUSD/CAD has resumed an uptrend but it is trading between the moving averages as it struggles below 1.2900. The price was fluctuating above the moving averages before breaking below the 21-day line SMA. The currency pair will be compelled to a range-bound move if …
EURCHF Remains in an Uptrend Despite the Latest Setback
EURCHF Analysis - Price Remains in a General Uptrend Despite Rejection at 1.05100 EURCHF remains in a general uptrend direction despite the drop in price from the 1.04950 resistance level. The price has ensured continuous upward progress after leveraging the confluence junction at 1.01010. Even …
USDJPY: Will the Bulls Appear Again?
The currency pair is having a bullish posture on the long-term outlook while the medium-term is in a bearish market zone. Overall, the bears seem to be in control. USDJPY Weekly Price Analysis – May 20Further increase in the bears’ pressure may break down the $127.022 support level and this may …
