USD/CAD Long-Term Analysis: BullishUSD/CAD is in an uptrend as it targets 1.3422 high. In the previous price action, buyers failed to breach the resistance at level 1.3000. However, the pair declined above the moving average lines and rebounded to break the resistance level. Meanwhile, on the August …
Price Action Charts in Focus
EUR/JPY Reaches Overbought Region but Declines to 142.29 Low
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is still in the bullish trend zone but declines to 142.29 low. Buyers have failed to breach the overhead resistance at level 144.00. The currency pair is likely to decline as it faces rejection in the overbought region. In previous price action, the …
EURCHF Retraces Into Premium to Resume Downtrend
EURCHF Analysis - Market Retraces Into Premium to Resume Downtrend EURCHF retraces into premium to resume downtrend. The market's direction on the daily chart has been bearish for months. As prices keep declining to the downside, the market breaks every weak support in its way. The aggressive fall …
