EURUSD Analysis - Price Is Looking to Trade In the Bear Market After a Reversal at the 1.16700 Level EURUSD is looking to trade in the bear market as the market awaits a reversal at the 1.16700 significant price level. The market, however, consists of the bulls and bears alternatively making a …
Price Action Charts in Focus
The United States Reports the Second-Largest Budget Deficit in History, Totaling $2.77 Trillion
The U.S. released the 2021 fiscal year report, which runs till September. The report showed that the U.S. had accrued a $2.77 trillion budget deficit. This happens to be the second largest the U.S. has ever recorded. The Pandemic relief project contributed to the high deficit. U.S. Records Second …
USD/CAD Regains Upside Momentum, Can It Recover From Its Downtrend?
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 …
