EURUSD Key Levels Support Levels: 1.21500, 1.20500Resistance levels: 1.23500, 1.22500EURUSD has been bullish on the market. A rising wedge pattern has been formed on the market. The upward trend of EURUSD is faced with resistance at 1.22500. The resistance has a zone that has been successful in …
Price Action Charts in Focus
USD/CAD Falls as Price Deepens in the Oversold Region
USD/CAD Long-Term Analysis: BearishUSD/CAD is in a downward move. The downtrend resumes after a rejection from level 1.2650. The currency pair plunged sharply to the low of level 1.2000 and corrected upward. The pair corrected upward to level 1.2200 and resumed fluctuation between 1.2000 and 1.2200. …
The Yuan’s Rate of Exchange Will Retain Its Basic Stability – China’s Central Bank
China’s Central Bank, popularly known as the People’s Bank of China has issued a statement concerning the rate of exchange of the Yuan currency through its vice governor, Liu Guo-qiang. He said that their goal is to retain the basic stability of the rate of exchange of China's currency – the Yuan …
