USD/CAD Long-Term Analysis: RangingSince October 20, USD/CAD fell to the low of level 1.2295 and remained in a range-bound move. According to the Fibonacci tool, the downtrend has reached bearish exhaustion. The market has declined to level 2.0 Fibonacci extension or level 1.2295. Buyers and sellers …
Price Action Charts in Focus
USDCHF Attempts to Regain Bullishness at the 0.91570 Critical Level.
USDCHF Analysis: Price Attempts to Regain Its Upward Momentum at 0.91570 USDCHF attempts to regain its bullish momentum after bouncing off the 0.91570 significant level. The market, having dropped from a reversal formation off of an ascending trendline, now attempts to regain its bullish momentum …
EUR/JPY Exhausts Selling Pressure, Consolidates Above Level 131.86
EUR/JPY Long-Term Analysis: BullishSince October 21, the EUR/JPY pair has been retracing after rejection from the high of level 133.00. The pair retraced to the low of level 131.86 and resumed consolidation above the current support. Since October 25, the market has been consolidating above it. The …