– USDCAD broke key resistance level 1.3790
– Likely to rise to resistance level 1.3950
USDCAD previously broke above the key resistance level 1.3790 (which has been steadily reversing the pair from last October).
The breakout of the resistance level 1.3790 accelerated the active minor ABC correction 2 from the middle of July.
Given the continued USD bullishness, USDCAD can be expected to rise further toward the next resistance level 1.3950 (which stopped the daily uptrend in 2022, top of the active daily up channel).
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
Ethereum: ⬇️ Sell - Ethereum reversed from resistance level 3400.00 - Likely to fall to support…
This website uses cookies