USD/CAD Long-Term Analysis: BearishUSD/CAD is in a downward move. The pair is retracing after rejection from level 1.2800. The current retracement is likely to reach the low of level 1.2500. Alternatively, USD/CAD will find support above the 21-day SMA. The pair has already fallen to the low of …
Price Action Charts in Focus
EURCHF Bears Have Gradually Plunged the Market Back to 1.08250 Support
Price Analysis – EURCHF Have Gradually Plunged to 1.08250 in 100 Trading Days Bears have gradually plunged EURCHF back to its initial breakout point at the 1.08230 key level. On the 19th of February 2021, bulls escaped a mini-market consolidation to shoot price up from the 1.08250 support. The …
USDCHF Forms an Ascending Triangle Pattern; Price to Break Upwards or Downwards?
Price Analysis – Break Out Imminent as USDCHF forms an Ascending Triangle Pattern USDCHF forms an ascending triangle to push price out of consolidation. Bulls' attempt at redirecting the market has thus far hit a bulwark. The price sprang up after bears brought it down to 0.89300 resistance. Buyers …
