• GBPCAD broke resistance area
• Likely to rise to 1.7550
GBPCAD recently broke sharply through the resistance area locate between the resistance level 1.7350 (former monthly high from October) and the 61.8% Fibonacci correction of the previous ABC wave 2 from July.
The breakout of this resistance area accelerated the active minor impulse wave (iii) – which belongs to wave 3 from September.
GBPCAD is likely to rise further toward the next powerful resistance level 1.7550 (multi-month resistance level from the end of August).
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
This website uses cookies