The recent pullback in USD/CAD has taken some of the heat out of the strong rally seen earlier this month, but the broader structure has not completely shifted in favor of sellers. The daily chart shows the pair retreating from fresh multi-month...
Looking at EURCHF on the H4 chart the first thing i notice is that price has been moving pretty nicely inside this rising channel but right now we are sitting at the most important spot of the whole setup. Price is testing the upper trendline and...
NZDUSD 4-Hour Analysis: This duo of Americans and New Zealanders has reached the end of a sporadic upward trend. It is true, nonetheless, that the bears will prevent the price from breaking over the resistance level by 0.58791 if it breaks above the...
EURUSD Price Movement Analysis: The analysis of the EUR/USD currency pair's current price behavior is the main topic of our conversation. There is a high probability of a move towards testing the levels of 1.14457 and 1.14255 on Monday, given the...
The GBP/USD M30 chart is displaying a clearly bearish market structure, with sellers maintaining firm control after an extended sequence of lower highs and lower lows. The decline from the 1.3440-1.3450 region was impulsive rather than corrective,...