CAD/CHF falling inside impulse wave (C)

CAD/CHF falling inside impulse wave (C)

  • CAD/CHF falling inside impulse wave (C)
  • Next sell target - 0.7260

CAD/CHF has been under strong bearish pressure lately – breaking through numerous consecutive support levels – 0.7600, support trendline of the daily down channel from September and the support level 0.7530 (former key support from August. CAD/CHF is expected to fall further toward the next sell target at next support level 0.7260 (top of wave (2) from June and the target price for the termination of the active intermediate impulse wave (C)).


DAX buscando nuevos altos por encima de 12,500

El DAX ha estado favorecido por los toros en el corto plazo, tras una recuperación vivida desde los bajos del 13 de Marzo, en donde hubo una aproximación al nivel Fibonacci de 50% en 12099…



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…

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