EURCHF Analysis - Power Tussle Moves the Market Through an Expanding Triangle EURCHF continues through an expanding triangle and bears and bulls remain locked in the tussle for market dominance. Bears appear to have used the resistance at 1.08700 to step in to influence the market. This began …
Price Action Charts in Focus
USD/CAD Faces Resistance at 1.2670 as Sellers Threaten to Short
USD/CAD Long-Term Analysis: BearishUSD/CAD pair has been falling for the past four days. It fell to the low of level 1.2633 and above the 21-day SMA. A bullish candlestick is forming above the 21-day AMA. The upward move will commence if the 21-day SMA support holds. Conversely, if price breaks …
USDCHF Defies a Bearish Pull To Move Upwards
USDCHF Analysis - Price Defies Downtrend by Means of a Descending Triangle USDCHF defies the bearish pull on the market to break out upwards. The 0.91070 support level stood strong to prevent the market from dropping below it. This made the price taper between the upper border of the descending …