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The USDCAD retests the broken support – Analysis - 06-10-2021
The USDCAD pair is retesting 1.2600 level that was broken previously and keeps its stability below it, to keep the negative pressure valid on the intraday basis, waiting to head towards 1.2495 that represents our next main target.
The EMA50 continues to support the suggested negative scenario, reminding you that it is important to hold below 1.2665 to achieve the waited targets.
The expected trading range for today is between 1.2510 support and 1.2640 resistance.
The expected trend for today: Bearish
The USDJPY resumes the rise – Analysis - 06-10-2021
The USDJPY pair traded with clear positivity yesterday to surpass the minor resistance 111.40 and settles above it, which supports the continuation of our bullish overview efficiently, and the way is open to head towards our main waited target at 112.05.
MoreThe GBPUSD breaches the resistance - Analysis - 06-10-2021
The GBPUSD pair breached the bearish channel’s resistance clearly and settled above it, testing the support base formed above 1.3600 level, making the bullish bias suggested for the upcoming sessions, on its way to visit 1.3720 as a next main target.
MoreThe GBPUSD breaches the resistance - Analysis - 06-10-2021
The GBPUSD pair breached the bearish channel’s resistance clearly and settled above it, testing the support base formed above 1.3600 level, making the bullish bias suggested for the upcoming sessions, on its way to visit 1.3720 as a next main target.
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