Forex Technical Analysis

USDCAD breaks out of a downward sloping wedge pattern

USDCAD is trading at 1.2760. Price has broken the upper wedge boundary at 1.2730. It is important for bulls to stay above this break out level and continue making higher [...]

Mon, Jan 18, 2021
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EUR/USD: dollar risks further decline if global recovery accelerates

This month, the USD exchange rate reached an almost three-year low, but since then the greenback has strengthened by more than 1%, which has given rise to talk about a [...]

Mon, Jan 18, 2021
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January 18, 2021 : EUR/USD Intraday technical analysis and trade recommendations.

The EURUSD pair was trapped below the previous key-level (1.2000) until bullish breakout occured to the upside recently in December.Further quick bullish advancement was expressed towards 1.2150 just as expected [...]

Mon, Jan 18, 2021
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