Bounce from support to over bought pivot, risk off sentiment. Realistically no rate cuts for another month, highly likely to see support again soon before then.
Trend line analysis shows we’ve had a break of trend. I believe we will see it enter back into trend soon
Lower line back to the upper trendline on weak CAD data
Slight break below lower ascending trend lines. Projected to return to previous upper trend line
Price broke out of upward channel with recent skepticism. I see on the daily chart here where price might stay range bound for a short time before retesting the lower channel for re entrance. I expect price to resume upward momentum
Trend line analysis show’s points of interest in the market and its value as a result of this trend
I think there’s a good possibility for an uptrend for the foreseeable future with this pair
Looks like there’s a downside to a long standing support. Likely a bounce around the 1.04-1.05 range. I think there will be an upward movement after finding that support. Retesting the upper triangle before descending once more.
I expect an upward trend to emerge for a 5 year period. Previously as seen in the 80’s and in the late 90’s a spike in travel to the Swiss alps was visible in the chart.
40 years in the making, we have a good opportunity here to see the 200’s range in the next couple years so buy the dips.
I see a couple moves before the election factors unknown. Geopolitical or supply demand issues. The wedge has held tightly Bob this range.
Coincidence of support? I think not! Higher time line shows the channel in continuation and compared to events of present and past we’re going up
Yes we established a lower trend line. It’s only up from here.
I see a potential reversal and continuation of this wedge pattern. Usually third time is the charm. I think we will see a retest of the upper trend line before a fall through the long term support. Eventually seeing a low of .55 area before a reversal for this pair
1981 Reagan attempted now Trump attempted I believe history will repeat itself 40 years in the making
Bounce from weekly tend line and support zone. It’s repeating a yearly pattern with a wave up.
I see 1.70 as a possibility, respectively a resistance. We’re seeing a support line and range for the months to reach, I see an exit of this lvl as shown.
Strong support shown and resistance level to be respected