Tag: Breakout
USD/CAD Forecast: Bullish Impulse Signals Breakout Opportunity
USDCAD has been on the rise since the Bank of Canada reduced rates by 25 basis points last week. Currently, the price is testing...
AUDCAD Uptrend Analysis and Forecast – Action Forex
AUDCAD saw a bounce today from just above the 0.9270 support level, which indicates positive momentum. The pair has been consistently forming higher highs...
USDJPY Technical Analysis: Key Breakout Boosts Bearish Momentum
The USDJPY pair continues to show bearish momentum as the USD remains weak due to resilient US growth and falling inflation. Despite concerns about...
Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum
Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The...