EUR/CAD plunged in the short term after failing to stabilize above a resistance zone. The bias is bearish, so we could search for short opportunities again. Technically, the price action has signaled that the rebound is over. Despite the bearish outlook, we still need confirmation before deciding …
DAX 30 Sell-Off In Play!
Dax 30 is into a sell-off at the time of writing after closing a gap up. The German stock index failed to stay near the 15,603 all-time high signalings a short-term correction. A temporary drop was somehow expected after its last swing higher. The index plunged below strong support levels, that’s …
AUD/USD Bulls Still In Charge!
AUD/USD decreased a little in the short term after reaching 0.7776 today’s high. It’s located at 0.7760 level trying to retest a broken dynamic resistance. The bias remains bullish after AUD/USD’s failure to validate a larger decline. AUD/USD could resume its growth if the US Consumer Confidence …
