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trading opp

EURCAD Unable to Reclaim Peaks

EURCAD has witnessed a choppy battle to reclaim a positive move towards 2020 peaks. Currently, the currency pair is finding some support at yearly lows at the 1.53 region. A move higher is now evident with prices breaking through the…

EURCHF Choppy Channel Break

EURCHF has seen choppy price action for the last 6 months as the current engulfed channel shows some signs of accent. Continuous divergences on the momentum indicator have led prices to the lower and bottom borders in rapid succession.…

AUDCHF Surfs the Cloud

AUDCHF has been finding upside momentum since the back end of 2020, with prices hitting multi-year highs. More importantly, the recent trend has seen a bounce off the engulfment of the Ichimoku cloud, indicating that the current trend…

USDTRY Continues the Plunge

USDTRY has witnessed a dramatic fall from record highs at the back end of 2020. Sinking to a 6-month low, prices now test the lower $7 region with momentum firmly resting to the downside. Prices attempted to test the long-term resistance…

USDNOK Looks for Reprieve

USDNOK has been on a downward streak from the back end of 2020 as prices fell to multiple-year lows. Bears have looked to maintain the trend, however, a hint of exhaustion has crept in. A bounce at the mentioned lows has seen a slight…