USD/CAD Long-Term Analysis: BearishUSD/CAD pair has been falling for the past four days. It fell to the low of level 1.2633 and above the 21-day SMA. A bullish candlestick is forming above the 21-day AMA. The upward move will commence if the 21-day SMA support holds. Conversely, if price breaks …
Price Action Charts in Focus
USDCHF Defies a Bearish Pull To Move Upwards
USDCHF Analysis - Price Defies Downtrend by Means of a Descending Triangle USDCHF defies the bearish pull on the market to break out upwards. The 0.91070 support level stood strong to prevent the market from dropping below it. This made the price taper between the upper border of the descending …
GBPJPY Bears Remain Active in Plunging the Price Back Below 149.640
Market Analysis - GBPJPY Falling to 149.640 Shows Bears Remain Active GBPJPY bears remain active and have dealt the market the latest blow to plummet price below the 149.640 key support level. The market has enjoyed something of a revival in recent times after overturning the advances of the bears …