NZDCAD opened this week with the sharp downward gap which broke through the key support level 0.8500 (which stopped the sharp downward impulse wave (i) at the start of September).
The breakout of the support level 0.8500 continues the active short-term impulse wave (iii) – which belongs to the impulse wave C from the end of June.
NZDCAD is expected fall further and retest the next round support level 0.8400 (target price for the completion of the active impulse wave (iii)).
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
This website uses cookies
