• EURCAD broke key resistance level 1.5660
• Likely to rise to 1.5745
EURCAD recently broke above the key resistance level 1.5660 (which reversed the price twice in October as can be seen from the daily EURCAD chart below).
The breakout of the resistance level 1.5660 coincided with the breakout of the 50% Fibonacci correction of the previous medium-term ABC correction (2) from July.
EURCAD is expected to rise further toward the next resistance level 1.5745 (monthly high from August and the target price for the termination of the active impulse wave 3).
🛟 Bitcoin is having a hard time staying afloat, even as major players step in…
We're gonna talk about the gas market, where prices are falling rapidly. Let's take a…
The US dollar weakened significantly in 2025, and its fate depends on central banks. The…
Major cryptocurrencies fell amid declining market sentiment, low liquidity, and institutional rebalancing, with Bitcoin dropping…
Dogecoin: ⬇️ Sell - Dogecoin broke long-term support level 0.1365 - Likely to fall to…
Alcoa: ⬇️ Sell - Alcoa reversed from strong resistance level 47.00 - Likely to fall to…
This website uses cookies