• CADCHF broke resistance level 0.6600
• Likely to rise to resistance level 0.6715
CADCHF currency pair recently broke the resistance level 0.6600 (which stopped the previous short-term correction (ii)).
The breakout of the resistance level 0.6600 coincided with the breakout of the 38.2% Fibonacci correction of the previous downward impulse from April.
Given strongly bullish CAD sentiment on sharp oil gains, CADCHF can be expected to rise further toward the next resistance level 0.6715 (top of wave (b) from the middle of April).
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
This website uses cookies