USD/CAD Long-Term Analysis: BearishUSD/CAD is in a downward correction but unable to sustain above 1.2650. The currency pair is above the 21-day SMA but below the 50-day line SMA. Since April 8, the pair has been in a range-bound move between the moving averages. The market will trend when the …
Price Action Charts in Focus
USDJPY: Remains Strongly Bullish
USDJPY looking nice, price trades above the resistance zone. The price bar is above the EMAs which makes it capable of rising upwards.USDJPY Weekly Price Analysis – April 15The price may continue its bullish movement if the daily candle closes above the $126.554 resistance level, the resistance …
EUR/JPY Fluctuates Below Level 137.54, May Rally to Level 140.00
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair is in an uptrend but may rally to level 140.00. Presently, the upward move has been stuck at the resistance of level 137.54. Since March 28, the pair has been fluctuating below the recent high. The Yen will rise if price breaks above the resistance at …
