USDCAD today reversed up with the daily Hammer from the support area lying between the key support level 1.3390 (which has been reversing the price from the start of May) and the lower daily Bollinger Band.
This support area was further strengthened by the support trendline of the daily up channel from February and by the 38.2% Fibonacci correction of the upward impulse form February.
USDCAD is expected to rise further and retest the next resistance level 1.3520 (top of the previous waves (i) and (b)).
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
