HomeContributorsTechnical AnalysisXBRUSD: Descending Channel XBRUSD: Descending Channel By FBS Mar 10 25, 12:25 GMT FacebookXPinterestWhatsAppLinkedinEmailPrint XBRUSD, H4 XBRUSD navigates within a bearish channel, facing the 70.30 resistance. The 9-MA crosses the 14-MA, while the RSI crosses the mid-line upwards, giving a bullish sentiment. Consider a long trade, if the price breaks above the channel, with the target at 72.30 level. Start Trading Start Trading Start Trading Start Trading Get daily and weekly ActionForex analysis and key releases on our Telegram channel. TagsBrentOilXBR FBShttps://fbs.com/FBS is an international brand present in over 100 countries. Independent companies united by the FBS brand are devoted to its clients and offer them opportunities to trade Margin FX and CFD's. Latest Analysis Fundamental Analysis Dollar Hits 19-Month High as USDjpy Nears 160 and Japan Hints at Intervention FxPro - Nov 12 26, 11:24 GMT Technical Analysis USD/JPY at 160.00: What the Yen Can Expect RoboForex Ltd - Nov 12 26, 09:27 GMT Fundamental Analysis Sunrise Market Commentary KBC Bank - Nov 12 26, 07:33 GMT Fundamental Analysis UK GDP and Swedish Inflation in Focus Danske Bank - Nov 12 26, 07:30 GMT Market Overview Gold Could Retest 3,870. Why Might the Breakdown Have to Wait? ActionForex - Nov 12 26, 04:32 GMT Technical Analysis NZDJPY Bounces Off 88.00 – 90.20 in Sight FxPro - Nov 12 26, 01:39 GMT Load more Learn Forex Trading Why Do Support and Resistance Levels Break? 5 Must Read Trading Psychology Books Practical Tips for Those Who Want to Trade Safe on Forex Don’t Hold Your Breath Too Long While Under Water Ichimoku System: Trading with the Chikou Span Indicator Using Fibonacci Levels in Your Trading