Analysis

Chart Forecast: AUDCAD Showing Some Bullish Momentum (1)

Price has been trending to the upside right from the 21st of March, The buying momentum has been very strong after price hit a support @0.80700 and breaking out of a descending channel. Price broke out from descending channel and currently making its bullish corrective structure which we are going to be waiting for a breakout to […]

Chart Forecast: USDCHF Potential Buying Opportunities

Date: Aug 19th- 2020 Price approach our weekly support level which has been moving on a ranging/consolidated market. Moving down lower to Daily Chart. We could spot out two major descending channel. The first one which is the main channel drawn on our chart and the second one is the smaller channel drawn inside the […]

Chart Forecast: GBPCAD Bullish Correction Structure

GBPCAD reacted to a support level of @1.72400 after making a bullish correction. GBPCAD has been gaining more momentum to the upside giving the buyers in this market more opportunity to go long. Anticipating price to reach its previous resistance of @1.76700 possibly break above the structure and heads up to our next resistance level […]

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