USD/CAD Long-Term Analysis: RangingUSD/CAD pair has been in a sideways trend as it declines after a false breakout. Buyers have failed to breach the overhead resistance at level 1.2850. Since July, the bulls have attempted to breach the resistance level. In the three unsuccessful attempts, the …
Price Action Charts in Focus
EUR/JPY Rebounds Above Level 127.00, Attempts To Reach Level 131.78
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair has rebounded above level 127.51 and attempts to reach level 131.78. . The bulls have broken above the 21-day line moving average to resume an uptrend. The pair is also approaching the 50-day line moving average to retest it. When price breaks above …
NZDUSD Retests Below Previous Resistance Level
NZDUSD Analysis - Price Retests Below Its Previous Resistance Level NZDUSD retests the price level of 0.680. This shows the market is likely to move into a new range. The previous resistance level at 0.680 defended the price from going long during September, as seen on the daily chart. It …