EURCHF Analysis – Price Is Approaching a Key Level at 1.07700 Where It Will Retest to Go Lower EURCHF is approaching a retest zone at 1.07700 to drop lower. Price returned to a bearish trend on the 12th of August after a major rejection at 1.09050, a key significant zone. Thereafter, the market has …
Price Action Charts in Focus
USD/CAD Breaks Above Level 1.2800 as It Reaches the Overbought Region
USD/CAD Long-Term Analysis: BullishUSD/CAD is in an upward move after the previous rejection. On August 19, the bulls broke the previous resistance at level 1.2800. Today, the pair is approaching the high of level 1.2859. On July 19, the pair tested the high of 1.2800 and was repelled. The currency …
USDCHF Is Likely to Break Out to the Upside of Its Triangle Formation After an Initial False Breakout
Market Analysis - A False Break Out to the Upside Signals Where USDCHF Is Likely to Move. USDCHF is likely to break out upward after a first false upside breakout. The market is due to decide the direction of movement after several weeks of tapering movement. The 0.91300 key level has been playing …