CAD/CHF broke major resistance level 0.7765

CAD/CHF broke major resistance level 0.7765

  • CAD/CHF broke major resistance level 0.7765
  • Next buy target - 0.7925

CAD/CHF continues to rise inside the minor impulse wave (iii) – which belongs to the impulse 3 of the sharp intermediate impulse wave (C) from the start of June. The price earlier broke the major resistance level 0.7765 (which has been steadily reversing the price from December, as can be seen below). The breakout of the resistance level 0.7765 greatly intensified the bullish pressure on this currency pair. CAD/CHF is expected to rise to the next buy target at the next resistance level 0.7925 (target price for the completion of the active impulse wave 3).


GBP/USD: "Thorn" pattern

The market is going to test the closest support at 1.4069 - 1.4027. If a pullback from these area happens little later on...



Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera