USDCAD Trend Remains Positive

By: Investija

EURUSD Technical Analysis

EURUSD bulls did bounce off by support level, however while trend line is still valid and not broken, bears are in better place for now. According to the recent bulls movement, lack of strength can initiate another bears downside slide. At the moment, waiting action with selling possibilities are better options to look into.



USDCAD Technical Analysis

USDCAD activity is concentrated by resistance level at 1.0590. Trend remains positive while candles stay above support level at 1.0444. Bears can get more opportunities just below support barrier, but for now bulls are controlling the situation.



GBPUSD Technical Analysis

GBPUSD bulls are trying to pull up the price to the higher level and leaving support level at 1.6091 behind back. It is better to wait for now while bulls activity will get stronger.