• EURCAD approached key support level 1.4730
• Likely to rise to resistance level 1.4835
EURCAD today approached the key support level 1.4730, intersecting with the daily down channel from last August and the lower daily Bollinger Band.
This support level earlier reversed the previous sharp downward impulse wave (3) at the end of March.
Given the oversold daily Stochastic – EURCAD is likely to rise further toward the next resistance level 1.4835 (top of the previous two trading sessions).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
