• USDCAD falling inside short-term corrective wave (ii)
• Likely to fall to support level 1.2900
USDCAD currency pair continues to fall inside the short-term corrective wave (ii), which started earlier from the key resistance level 1.3200 (which stopped wave 1 in July).
Wave (ii) belongs to the higher-order impulse waves 3 and (3) from August and April respectively.
USDCAD can be expected to fall further toward the next support level 1.2900 (low of the previous correction (ii) from August and the target for the completion of the active wave (ii)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies