EUR/NZD rebounded in the last hours and it continues to stay in the buyer’s territory. It’s traded at the 1.6763 level after failing to approach and reach the former lows. The price action has developed a double top reversal pattern on the H4 chart. Validating this formation could indicate more …
USD/ZAR More Downside In View!
USD/ZAR bounced back in the short term being located at the 14.2700 level. Still, the rebound could be only a temporary one as the outlook is bearish. The pair has escaped from a continuation pattern, that’s why USD/ZAR may resume its downside movement. You should know that the price has …
GBP/CAD Range Breakout!
GBP/CAD edged higher today and it could escape from a short-term range pattern. A valid breakout could bring a new opportunity as the pair will try to approach and reach new highs. The pair has moved sideways lately as the sentiment may change. The price actions could indicate a bullish reversal …
