USD/CAD Long-Term Analysis: BearishUSD/CAD is in a downward move after the bears broke below the moving averages. Before the current price action, the bulls have made several attempts to break above level 1.2800 resistance. For the past four months, the pair had been in a range-bound move below …
Price Action Charts in Focus
USDCHF Is Reacting to the 0.92740 Price Level as Bears Infuse Pressure
USDCHF Analysis – The Price Is Reacting Strongly as the Market Is Under Bearish Pressure USDCHF is reacting to the 0.92740 price level as bears gradually step in to influence the market. The price was initially bullish, breaking through 0.92740 and reaching the 0.93350 resistance level. But the …
EUR/JPY Is Stuck Below Level 130.00 as Market Shows Stability of Price
EUR/JPY Long-Term Analysis: RangingEUR/JPY pair has been fluctuating between levels 128.30 and 130.50 for the past three months. The bears have retested the lower price range on three occasions but were repelled. Buyers have retested the upper price range on three unsuccessful attempts to break …