EURCHF Analysis - Bears Drive Forcefully Towards a Yearly Price Level at 1.04010 EURCHF bears drive forcefully toward a seven-year low at 1.04010. This forceful drive commenced at the 1.09330 resistance level when the efforts of buyers were cut short and reversed. The downward movement of the …
Price Action Charts in Focus
USD/CAD Rebounds Above Level 1.2420, Resumes Uptrend
USD/CAD Long-Term Analysis: RangingUSD/CAD has resumed an upward move after breaking above the 21-day SMA. The pair was in consolidation above level 1.2300 for two weeks before the recent breakout. The currency pair will resume upward if buyers push the pair above level 1.2600. However, the current …
USDCHF Accumulates Above the Border of a Previous Downtrend
USDCHF Analysis - Price Accumulates Above Trendline for Further Reactions USDCHF accumulates above a descending trendline to repress the bearish momentum by which the market is falling. Since dropping off its uptrend line, the market has been plunging forcefully. USDCHF is, however, now reaching …