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CAD/JPY continues to fall inside the minor corrective wave 2, which started earlier from the powerful resistance zone lying between the upper weekly Bollinger Band and the key resistance level 88.90 (which has been reversing the price from the middle of 2016, as can be seen below). The price earlier broke through the support level 87.40 (previous sell target) – which accelerated the active wave 2. CAD/JPY is expected fall to next sell target at the next support level 84.00 (target price for the completion of wave 2).
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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