USDCAD continues to fall inside the medium-term corrective wave (2) – which started earlier from the resistance area lying between the key resistance level 1.3700 (strong resistance from 2017), upper weekly Bollinger Band and the resistance trendline of the weekly up channel from the start of 2018.
The downward reversal from this resistance created the weekly Japanese candlesticks reversal pattern Evening Star.
USDCAD is expected to fall further and re-test the next support level 1.3160 (target price for the completion of the active correction (2))).
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
