USD/CAD Long-Term Analysis: BearishUSD/CAD uptrend is facing rejection at level 1.2600. The pair is declining and may find support above the 21-day SMA. The upward move will resume if price breaks above the 1.2600 resistance. Meanwhile, on June 21 uptrend; a retraced candle body tested the 61.8% …
AUDJPY: The Bulls Are Getting Weaker
The currency pair is facing more pressure from the bears.The bears may continue the journey to the lower support area. AUDJPY Weekly Price Analysis - July 11The market is falling hard as the pair slopes below $82.264 leading to a market selloff. AUDJPY MarketKey Levels:Resistance levels: …
EURCHF Consolidation Phase in Downtrend Continues
Market Analysis – EURCHF Dips to Continue Downtrend Consolidation Phase EURCHF downtrend consolidation phase continues as the market gets knocked down from the upper border of its parallel channel. The market rose to a height of 11.500 on the 4th of March 2021. The last time the EURCHF attained a …
