EURCHF Analysis – The Market Remains Trapped Beneath the 1.08700 Critical Zone EURCHF remains trapped within a consolidation zone that lies between the 1.08700 and 1.07830 key levels. Bulls had forged the market into an expanding triangle formation which was oscillating around the 1.08700 key …
Price Action Charts in Focus
USD/CAD Recoups above 1.2700 Support, Targets Overhead Resistance at 1.2900
USD/CAD Long-Term Analysis: RangingUSD/CAD is in an upward move but trades in a ranging market. Since July, buyers have not been able to sustain the price above level 1.2900. The overhead resistance has been retested twice in August and September but could not be breached. That is the reason why the …
USDCHF Breaks Through the 0.92740 Resistance Level to Maintain Its Upward Trend
USDCHF Analysis - Price Breaks Through 0.92740 After a Retest at 0.92130 USDCHF breaks through the 0.92740 resistance level to press on with its bullish campaign. The market had previously broken above this level on the 17th of September, but the bulls ran out of steam, and price collapsed below …