• EURCAD reversed from key support level 1.4170
• Likely to rise to resistance level 1.4250
EURCAD recently reversed up from the key support level 1.4170 (previous Double Bottom from November), – strengthened by the lower daily Bollinger Band.
The upward reversal from the support level 1.4170 stopped the previous sharp downward impulse waves (iii) and 3.
EURCAD can be expected to rise further toward the next resistance level 1.4250 (former support which stopped the previous impulse wave (i)).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies