GBPCAD recently reversed from the resistance area lying between the resistance level 1.7700 (which also reversed the price with the weekly Evening Star in April) and the upper weekly Bollinger Band.
This resistance area was further strengthened by the 61.8% Fibonacci correction of the previous weekly ABC correction from March of 2018.
GBPCAD is expected to fall further and retest the next key support level 1.7340 (which reversed the price multiple times in the last few weeks).
The crypto market has increased by over 5% and is nearing the $2.9 trillion. The…
Gold: ⬆️ Buy - Gold continues daily uptrend - Likely to rise to resistance level…
EURJPY: ⬇️ Sell - EURJPY reversed from resistance zone - Likely to fall to support…
NZDUSD: ⬇️ Sell - NZDUSD reversed from the resistance level 0.5820 - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance level 1.0930 - Likely to fall to…
The crypto market remains in a downtrend, with Ethereum losing market share while Bitcoin's share…
This website uses cookies
