On the hourly timeframe, ASI is currently moving within a bearish channel. A false breakout occurred at the hourly support level, leading to a reversal back towards the upper boundary of the channel. The lower highs formed by ASI within the bearish channel indicate a short-term bearish momentum. The recent price reversal respected the upper boundary of the...
CADCHF has demonstrated a breakout on the established trend line, and there is evident support at the 0.64300 level, where the price has rebounded. Anticipating a substantial reversal in the near future.
AUDCAD has verified a breakout on both the trend line and identified support levels. This development suggests an anticipated retracement towards the next significant support levels that have been highlighted.