EURCHF Analysis - Price Moves in a Freeway Downward Below the 1.04710 Key Level EURCHF price is descending on a freeway below the 1.04710 key level. The market has been willing to move in a bearish format right from mid-September. The bears, however, succeeded in achieving their objective. They …
Price Action Charts in Focus
USD/CAD Declines to Range-bound Zone, Unable To Sustain Above 1.2850 High
USD/CAD Long-Term Analysis: RangingUSD/CAD pair has been in a sideways trend but was unable to sustain above 1.2850 high. On December 16, the pair encounters a false breakout. The currency price has broken above the 1.2850 overhead resistances to reach the high of level 1.2963. The uptrend was …
EUR/JPY Retests 130.00 Historical Price Level, Reaches the Overbought Region
EUR/JPY Long-Term Analysis: RangingEUR/JPY is in a sideways trend as the pair reaches the overbought region.The Yen has been compelled to a sideways move as buyers fail to keep price above level 134.00 high. The currency pair has fallen to the low of level 127.70 and made an upward correction. The …