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USD/Cad Declines as It Faces Rejection at Level 1.2500

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.1900, 1.1800, 1.1700 USD/CAD Price Long-term Trend: BearishSince June 21, the USD/CAD upward move has been interrupted. The currency pair is facing rejection at the 1.2500 resistance level. The market is declining on the downside. If price breaks below the moving averages, it will accelerate the downward […]

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CAD/JPY Consolidates Ahead Of A Breakout!

CAD/JPY changed little in the short term as the buyers are exhausted. The bias is bullish, so the pair could resume its growth soon. It’s trapped within a minor continuation pattern, a valid breakout from this formation may signal an upside continuation. The pair has slipped lower after worse than expected Canadian retail sales data. […]

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Ethereum (ETH) Price Analysis: Ether Resumes Selling Pressure as It Faces Rejection at $2,034

Key HighlightsEthereum price faces rejection at $2,034The altcoin has resumed selling pressure Ethereum ETH) Current StatisticsThe current price: $1,936.18Market Capitalization: $225,934,662,449Trading Volume: $26,606,288,953Major supply zones: $2,800, $3,000, $3,200Major demand zones: $2400,, $2,200, $2,000 Ethereum (ETH) Price Analysis June 23, 2021 Yesterday, Ether plunged to level $1,711 as bulls bought the dips. The crypto’s price corrected […]

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EUR/CHF Rebounds above Level 1.0890, Resumes up Trending

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: BearishEUR/CHF pair is in a downward move since March. The currency price was making a series of lower highs and lower lows. The price is correcting upward to reach the previous highs. If price faces rejection at the recent high, […]

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