• GBPCAD reversed from resistance zone
• Likely to fall to support level 7000.00
GBPCAD recently reversed down from the resistance zone lying between the key resistance level 1.75613 (which stopped the pair in May), upper daily Bollinger band and the 61.8% Fibonacci correction of the downward impulse from February.
The downward reversal from this resistance zone created the daily candlesticks reversal pattern Shooting Star.
GBPCAD can be expected to fall toward the next support level 1.7255 (former monthly high from June).
Today is Monday, December 15th, and we're going to talk about the Japanese yen, where…
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
This website uses cookies
