EURCAD recently reversed down from the key resistance level 1.5280 – strengthened by the 50% Fibonacci correction of the previous upward impulse from the end of November.
The downward reversal from this resistance level completed the previous short-term correction (ii) – which belongs to the impulse wave C from December.
EURCAD is expected to fall further and re-test the next round support level 1.5100 (low of the previous corrective (ii)).
- 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…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
