EUR/CAD falling inside weekly B-wave

EUR/CAD falling inside weekly B-wave

  • EUR/CAD falling inside weekly B-wave
  • Next sell target - 1.4650

EUR/CAD continues to fall inside the weekly B-wave which started earlier – when the pair reversed down with the weekly Shooting Star from the resistance zone lying between the multi-month resistance level 1.5060 (which stopped the previous B-wave in August, as can be seen below) and the upper weekly Bollinger Band. EUR/CAD is expected to fall further to the next sell target at the next support level 1.4650 (target price for the completion of the active wave B).



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…

USD/JPY: bullish "Doji"

We’ve got a pullback from the lower “Window”, so there’s a bullish “Doji”, which has been confirmed .


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

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