• NZDCAD reversed from support level 0.9000
• Likely to rise to 0.9150
NZDCAD recently reversed up from the round support level 0.9000 (former powerful resistance level from July, acting as support after it was broken last month).
The support area near the support level 0.9000 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward impulse wave 3 from November. NZDCAD is expected to rise further toward the next resistance level 0.9150 (top of the previous impulse wave 3).
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…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies