EURCHF Analysis: The Market Gains Bearish Strength as Prices Rebound to the 1.02560 Significant Level EURCHF is gaining bearish strength as the price rebounds to the 1.02560 significant level. The market is currently under a bearish impact. The bullish strength is less effective in the market. …
Price Action Charts in Focus
USD/CAD Is in a Sideways Trend but Stuck at Level 1.2722
USD/CAD Long-Term Analysis: BullishUSD/CAD is in a downward correction but stuck at Level 1.2722. The currency pair is stuck in between the moving averages. The currency price is above the 50-day line moving average but below the 21-day line moving average. USD/CAD will be compelled to a range-bound …
EUR/JPY Reaches an Oversold Region as It Consolidates above Level 127.29
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downtrend as it consolidates above Level 127.29. The currency pair has revisited the previous low at level 127.37. Since August 2021, the pair has been trading above the level 127.00 price level. The bears have not been able to break the …