USD/CAD Long-Term Analysis: RangingUSD/CAD has resumed an upward move after breaking above the 21-day SMA. The pair was in consolidation above level 1.2300 for two weeks before the recent breakout. The currency pair will resume upward if buyers push the pair above level 1.2600. However, the current …
Price Action Charts in Focus
USDCHF Accumulates Above the Border of a Previous Downtrend
USDCHF Analysis - Price Accumulates Above Trendline for Further Reactions USDCHF accumulates above a descending trendline to repress the bearish momentum by which the market is falling. Since dropping off its uptrend line, the market has been plunging forcefully. USDCHF is, however, now reaching …
EUR/JPY Resumes Uptrend, Rallies to Level 133.48
EUR/JPY Long-Term Analysis: BullishEUR/JPY pair has resumed an uptrend. The currency pair has broken above the moving averages to reach the high of level 133.48. There was resistance at the recent high as the pair fell to the low of level 131.60. The market is consolidating above the current support …
