EURCAD recently reversed down from resistance zone lying between the strong resistance level 1.4690 (which has been reversing the price from September), upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse from August.
The downward reversal from this resistance area stopped the earlier short-term impulse wave 1.
EURCAD is expected to fall further and retest the next support level – 1.4450 (low of the previous wave (ii) from the end of October).
The crypto seems recharged over weekend, and positive traction resumed on Monday. Bitcoin may reach…
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
The decline in EURUSD was driven by weak PMI figures, with France and Germany both…
Gold has reached record high in euro above 2600, and growing fast in dollar terms…
The crypto market is booming as the anticipation of regulatory changes grows. Bitcoin nears $100K,…
This website uses cookies