USD/CAD Long-Term Analysis: BearishUSD/CAD has been in a sideways trend as buyers emerge in the oversold region. Presently, the currency pair is in a downward move after retesting the overhead resistance at level 1.2900. The pair fell above the moving averages and made an upward correction. The …
Price Action Charts in Focus
EURCHF Claws Back to an Anchor Level
EURCHF Analysis - Price Claws Back Above the 1.03270 Anchor Level EURCHF claws back upward to an anchor level at 1.03270 as it attempts to regain lost price positions. The bears had engineered a drop in the market that led to the 0.99760 support level. But the market buyers reacted instantly to …
USDCHF Breaks Free From the Symmetrical Triangle Design
USDCHF Analysis - Price Breaks Out of the Symmetrical Triangle Pattern USDCHF breaks out eventually after a prolonged period of tapering movement within a symmetrical triangle design. The market was caught below the 0.92570 critical level, which is very prominent for price direction. USDCHF …
