USD/CAD Long-Term Analysis: BearishUSD/CAD is in a sideways trend since July 2021 as it reaches bearish exhaustion. Presently, the currency pair is falling after a rejection from the high of 1.2900. The bears have broken below the 21-day line moving average and it is approaching the 50-day line …
Forex Strategies
EURCHF Bears Hijack the Market in a Sudden Price Tussle
EURCHF Analysis – Bears Hijack the Market to Begin a Price Tussle EURCHF bears unexpectedly hijack the market to send bulls scrambling to regain control. The bulls' anchor position at 1.03270 has finally given way after a period of sustained downward pressure. The price rose to the resistance at …
USDCHF Has No Clear-Cut Direction in a Sideways Trending Market
USDCHF Analysis - The Price Has No Clear-Cut Direction as the Price Keeps Ranging USDCHF has no clear-cut direction as the market maintains its sideways trending movement. The latest activity has seen a double bounce off the price off the strong support level at 0.91570. In the lateral movement of …