USDCAD trades higher again, tests strong resistance level It is the bulls’ first attempt to break above the current trend channel Momentum indicators are mixed with a possible bearish divergence developing USDCAD is trading higher again today, recording its fourth consecutive green candle and reaching a new 5-month high. USDCAD is trying to break decisively […]
Dec 28, 2023
EURCHF Wave Analysis
EURCHF broke key support level 0.9410 Likely to fall to support level 0.9300 EURCHF recently broke the pivotal support level 0.9410 (former multi month low from July). The breakout of the support level 0.9410 accelerated both of the active impulse waves 3 and (5). Given the predominant weekly downtrend and the widespread Swiss franc gains […]
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