EURUSD key zones:Supply zones: 1.23500, 1.21500Demand zones: 1.20000, 1.17000EURUSD once again has failed to make a higher-high on the daily time frame. It closed the week on Friday with a large bearish candle failing to break through the resistance at 1.21500. EU rallied aggressively after it …
Price Action Charts in Focus
USD/CAD Breaks Level 1.2400 as Market Resumes Bearish Momentum
USD/CAD Long-Term Analysis: BearishUSD/CAD faces rejection at the 1.2600 resistance level. Since March 23, the currency pair has been fluctuating below the resistance level, In April 24, the bears broke the 1.2600 resistance as the market resumed a downward move. The currency pair has reached the …
EUR/JPY Bulls Break Resistance At Level 130.00 Amidst Bullish Expectation
EUR/JPY Long-Term Analysis: BullishOn April 23, the EUR/JPY pair has broken the resistance at level 130.00 as the price rallied on the upside. With this breakout, the price action will confirm the Fibonacci tool levels. On March 18, a retraced candle body tested the 61.8% Fibonacci retracement …