USD/CAD Long-Term Analysis: BullishUSD/CAD has been consolidating above the moving averages but faces rejection at level 1.2800 . The upward move has been hampered at level 1.2900. In the previous price action, on December 20, 2021, the pair was repelled at the resistance of level 1.2900. The pair …
EUR/JPY Hovers above Level 128.20, May Resume Upside Momentum
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downtrend but may resume upside momentum. The downtrend was accelerated as the currency pair faced rejection from the high of level 130.00. The Yen fell and hovered above the previous low at level 128.35. The Yen appears to have reached the …
USDCHF Market Still Lingers in the Consolidation Phase
Price Analysis: USDCHF Market Still Lingers at Consolidation Levels of 0.93560 and 0.90840 USDCHF market is still lingering at consolidation levels of 0.93560 and 0.90840. The price tendency in the market is said to have been rolling in a sideways phase. The bulls failed to go long while the bears …
