• EURCAD falling inside minor wave 2
• Likely to fall to 1.5400
EURCAD continues to fall inside the short-term correction 2 which started earlier with the daily Shooting Star from the key resistance level 1.5660 (top of the daily Dark Cloud Cover from the end of October).
The active wave 2 belongs to the medium-term upward impulse wave (3) from the start of November.
EURCAD is expected to fall further toward the next round support level 1.5400 (target price for the completion of the active wave 2 intersecting with the weekly Triangle from March).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies