– GBPCAD reversed from resistance level 1.7300
– Likely to fall to support level 1.7020
GBPCAD currency pair recently reversed down from the pivotal resistance level 1.7300 (previous monthly high from July) intersecting with the upper daily Bollinger Band.
The downward reversal from the resistance level 1.7300 started the active short-term correction ii.
Given the still overbought daily Stochastic and strong sterling sales, GBPCAD can be expected to fall further toward the next support level 1.7020 (low of the previous correction ii).
Brent Crude oil ⬆️ Buy - Brent Crude oil rising inside impulse wave c -…
USDJPY ⬆️ Buy - USDJPY broke resistance area - Likely to rise to resistance level…
Exxon Mobil ⬆️ Buy - Exxon Mobil broke resistance level 125.60 - Likely to rise…
Brent Crude oil ⬆️ Buy - BNB broke out of sideways price range - Likely…
US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…
🛢️ Oil prices are finding fresh strength as geopolitical tensions in the Middle East reignite…
This website uses cookies