USD/CAD Long-Term Analysis: RangingUSD/CAD pair is in a sideways move below the overhead resistance at level 1.2800. On November 22 uptrend; the currency pair reached the high of level 1.2705. The current uptrend has been terminated as the market reached the overbought region. However, after a minor …
Price Action Charts in Focus
USDCHF Bulls Dominate the Market Despite Reducing Volatility
USDCHF Analysis – Bulls Dominate as the Market Grows Sluggish USDCHF bulls dominate the market as it reduces volatility. The market drops to a confluence zone on the 1st of November and then the bulls stepped in swiftly to influence the market. Price was pushed up gradually with undulating …
EUR/JPY Resumes Sideways Move, Fluctuates Between Levels 128.00 and 134.00
EUR/JPY Long-Term Analysis: RangingEUR/JPY pair has resumed a sideways trend after price got stuck at level 134.00. On May 24, the first uptrend reached the high of level 134.00 but was resisted. Later the currency pair resumed a sideways move as bulls failed to break above the overhead resistance. …
