Market Analysis – EURUSD Keeps Sliding and Trading Downwards EURUSD keeps moving down in a bearish trend after the latest bullish move broke down. Price had switched direction bearish-ward at the beginning of the year after attaining a 3year high at 1.23500. Since then, the market has been sliding …
Price Action Charts in Focus
EURCHF Is Approaching a Retest Zone and Is Expected to Continue Its Bearish Trend
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 …
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 …
