The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
EUR/USD: price to test closest resistance
Information is not investment advice
There's a 'Shooting Star', which has been confirmed enough. It's likely to have a local upward correction towards the closest resistance at 1.1197 in the coming days. The subsequent pullback from this level could be a starting point for a decline towards another support at 1.1034. If any bullish pattern forms near this level, there'll be a moment to have an upward correction.
Galya Svetlova
Similar
Will the CHF bounce back down from the resistance?
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
The USD/CAD consolidated at the resistance of the Moving Average and psychological levels
Technical analysis of the USD/CAD
Popular
The outlook for the GBP
The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?
GBP/JPY tests the upside
It looks like GBP/JPY is finally trying to break out of the recent consolidation. Learn more!
XAU/USD: a short-term trade
Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4.
Choose your payment system
