USD/CAD Long-Term Analysis: RangingUSD/CAD pair has been in a sideways trend since July 19. For over four months, buyers are yet to breach the overhead resistance at level 1.2800. The currency pair would decline above the moving averages, each time the overhead resistance is retested. On December 3, …
Price Action Charts in Focus
USDCHF Price Gains Strength Following a Reaction to a Significant Zone
USDCHF Analysis: Price Gains Strength After a Reaction at the 0.92800 Significant Zones USDCHF price gains strength following reactions at the 0.92800 significant level. The price made a successful turn near this level after the price made a reaction. The price reaction put the bears into power, …
EUR/JPY Regains Bullish Momentum but Battles the Resistance at Level 129.10
EUR/JPY Long-Term Analysis: BearishEUR/JPY pair is in a downward correction as price attempts to break above the 21-day moving average line. If buyers push the pair above the 50-day moving average line, the currency pair will be in the bullish trend zone. The market will rise to retest the previous …