USDCAD Weekly Analysis – February 16, 2019

USDCAD moved sideways in a trading trading range between 1.3068 and 1.3375. As long as 1.3375 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3664, another fall towards 1.2900 is still possible after the consolidation. Only a break of 1.3375 resistance could signal completion…
Source: USDCAD Weekly Analysis – February 16, 2019

EURUSD Daily Analysis – February 15, 2019

EURUSD moved sideways in a trading range between 1.1249 and 1.1341. As long as 1.1341 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1514, further decline to 1.1200 area is still possible after the consolidation. Only a break of 1.1341 resistance could signal completion…
Source: EURUSD Daily Analysis – February 15, 2019