louiks

louiks

OANDA:USDCHF USDCHF is trading in a bearish trend since October 2022. Reaching 0.88 level, the market set a new lower low and started a correctional movement. The price started to steadily grow within a rising channel. At the end of May, a solid horizontal supply area (weekly resistance/support) was reached. The market started to consolidate on that. A...

louiks

OANDA:USDCAD The pair has been trading between two wide supply and demand areas on the weekly timeframe. Previous bullish wave from the long-term support area resulted in a rising channel on the daily timeframe. After breaking above and out of the channel, price is consolidating in a descending triangle. Price action has already formed three tests of...