GBPCAD recently reversed down from the resistance area lying between the resistance levels 1.7800 (top of the earlier impulse 1), 1.7680 and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous short-term impulse wave 3.
Given the strength of the aforementioned resistance area – GBPCAD is likely to fall further toward the next support level 1.7400.
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies
