Bulls eye long opportunity from support structure

Developing story CAD/CHF has made a bullish impulse followed by a 50{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} mean reversion from which the price has held and pushed higher to form a support structure, keeping the…

Bulls keep the reins above 77.00

AUD/JPY recedes from the highest levels since May 2019 flashed Thursday. Sustained trading above the 12-week-old ascending trend line keeps the bulls in control. February 2019 bottom offers immediate resistance,…

XRP/USD bulls struggle to return above $0.2700, bears lurk around

Ripple’s XRP needs to recover above $0.2700 to improve the short-term picture. The critical support is created by the recent low of $0.2550. Ripple’s XRP has been one of the…

Bearish longer-term, bulls still got skin in the game though

EUR/GBP is attempting to correct within a 4-hour falling wedge as the price breaks up to test the resistance of the wedge.  A break of the wedge’s resistance will be…

LTC/USD resumes the recovery, bulls target at $70.00

Litecoin has been growing steadily since the weekend.  The next strong bullish target is created by psychological barrier of $70.00. Litecoin (LTC) has gained over 5{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in the recent 24…