USD/CAD Long-Term Analysis: BearishUSD/CAD is now in an upward move after the rebound above 1.2288. The current downtrend has reached bearish exhaustion. The currency pair has earlier retraced and tested the 61.8% Fibonacci retracement level. The retracement indicates that USD/CAD will fall to level …
Price Action Charts in Focus
Will EURCHF Sellers Break Through the 1.07400 Weekly Demand Level?
EURCHF Analysis - Sellers Wield the Will to Break Through the Critical Support Level EURCHF sellers will try to plunge the market below the level where prices have been resisted since the beginning of the year. This will mean breaking through the market's critical demand level, which extends from …
USDCHF Reverses Using a Head-And-Shoulder Formation
USDCHF Analysis the Market Reverses Below a Key Level Using a Reversal Pattern USDCHF reverses by employing a head-and-shoulder reversal pattern. Having broken out of a triangle pattern, the market started an uptrend. The market's momentum, however, gradually dwindled as price rose through the …
