GBP/CAD rising inside minor impulse wave 3 Next buy target - 1…
CAD/CHF broke support area
- CAD/CHF broke support area
- Next sell target 0.7600
CAD/CHF recently broke the support area lying between the key support level 0.7710 (former resistance level from April, which stopped the previous correction A, as can be seen below) and the 61.8% Fibonacci correction of the previous upward impulse from the end of April. The breakout of this support area accelerated the active minor corrective wave (4). CAD/CHF is expected to fall further toward the next sell target at the next support level 0.7600 (target for completion of wave (4)).
Recommendations: SELL 1282 SL 1297 TP1 1252 TP2 1244 TP3 1215 BUY 1308 SL 1293 TP1 1325 TP2 1335 TP2 1349 On the daily chart of XAU/USD, the 1282-1308 consolidation continues…
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; Dollar is going to positive area, but the market is overbought now.
USD/CAD rising inside minor impulse wave 3 Next buy targets - 1…