USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
NZD/CAD broke resistance area
- NZD/CAD broke resistance area
- Next buy target - 0.9070
NZD/CAD recently broke the resistance area lying between the round resistance level 0.9000 (which was set as the buy target in our previous forecast for this currency pair) and 38.2% Fibonacci correction of the previous sharp downward impulse wave C from the start of April. NZD/CAD is expected to rise further toward the next buy target at the next resistance level 0.9070 (top of the previous corrective wave (iv)).
Dmitry Chernovolov
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Latest news
USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
USD/CAD faces some difficulties
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The outlook for the GBP
The British pound has been enjoying itself versus the other major currencies during the past weeks. WIll the advance of the GBP continue?
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