GBPCAD recently reversed down from the resistance area lying between the resistance level 1.7500 (which has been reversing the price from July), resistance trendline of the wide daily up channel from August and the 50% Fibonacci correction of the previous downward impulse (1) from March.
The downward reversal from this resistance area started the active medium-term impulse wave (3).
GBPCAD is expected to fall further and re-test the next support level 1.7000 (low of the previous short-term corrective wave (b)).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
