Forex Technical Analysis

Litecoin reached our target and remains in bullish trend.

LTC/USD reached our $286 target and has pulled back towards $270. Trend remains bullish as price is inside the bullish channel after the triangle break out. The triangle break out [...]

Fri, Apr 16, 2021
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Is EURUSD forming a right hand shoulder?

EURUSD is trading just below 1.20 after a strong bounce from 1.17 low. Our bounce target area was around 1.20-1.2050 where we now find important resistance. If price makes [...]

Fri, Apr 16, 2021
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USDCAD rejected at 1.2550-1.26, vulnerable to a move towards 1.23

USDCAD continues trading inside the downward sloping wedge pattern since August of 2020. Trend remains bearish as price continues making lower lows and lower highs. We warned in previous posts [...]

Fri, Apr 16, 2021
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