USD/CAD Long-Term Analysis: RangingUSD/CAD is in an uptrend as it poises to revisit level 1.2900 high. The currency pair has broken above the moving averages. USD/CAD will continue to rise if the bullish momentum is sustained above the moving averages. The currency price is making a series of higher …
Price Action Charts in Focus
USDCHF Bulls Ascend During the Consolidation Stage
USDCHF Analysis: Bulls Ascend During the Consolidation Stage to the 0.92930 Significant Level USDCHF bulls ascend during a consolidation phase to the 0.92930 price level. The buyers are stimulating energy to either breakthrough this consolidation level or give space to the bears to hold more …
EUR/JPY Is in a Downtrend, Consolidates above Level 128.40
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downward move as price consolidates above level 128.40. As price breaks below the previous low, the selling pressure may extend to the previous low at level 127.38. The previous low has been holding since August 21. The uptrend will resume if …