• USDCAD reversed from powerful support level 1.3300
• Likely to rise to resistance level 1.3500
USDCAD recently reversed up from the powerful support level 1.3300 (which has been reversing the price from the middle of November) coinciding with the lower daily Bollinger Band and the 50% Fibonacci retracement of the previous upward impulse from August.
The upward reversal from the support level 1.3300 stopped the previous minor correction ABC 2.
USDCAD can then be expected to rise further toward the next resistance level 1.3500 (top of the earlier correction (b) from the start of April).
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
This website uses cookies