EURCAD recently reversed up with the daily Morning Star from the support area lying between the key support level 1.4920 (which has been reversing the price from the middle of November) and the lower daily Bollinger Band.
The upward reversal from this support area started the active medium-term impulse wave (3) – which belongs to the long-term upward impulse sequence ③ from February.
EURCAD is expected to rise further and re-test the next resistance level 1.5200 (which reversed previous waves (1) and B).
The number of operating oil rigs in the US fell by 7 to 499. This…
Market picture Crypto market capitalisation has been up 2% over the past seven days and…
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
This website uses cookies