EURUSD Analysis - Price Rebounds Sharply From 1.11290 in a Bullish Move EURUSD rebounds sharply from the 1.11290 significant level to put the market back in the buyers' hands. The market was already anticipated to rise to continue the bullish trend as stipulated by the weekly ascending trend line. …
Forex Strategies
USD/CAD Is in a Brief Rally, Reaches an Overbought Region at Level 1.2720
Technical indicators: Major Resistance Levels – 1.3300, 1.3400, 1.3500Major Support Levels – 1.2300, 1.2200, 1.2100 USD/CAD Long-Term Analysis: BullishUSD/CAD is in an upward move as price breaks above the 50-day SMA. The currency pair has not closed properly above the moving averages. It is likely …
USDCHF Market Continues to Stage Price in Consolidation
Price Analysis: USDCHF Market Continues to Stage Prices in Between Significant Levels USDCHF market continues to stage price in a consolidation phase. The price inclination implies a wag war in a sideways market. The bulls and bears are pasturing in the same range as both continue to put pressure …