We've got a local 'Triple Top' pattern, so the price is declining. It's likely that the pair is going to achieve the previously tested support...
Daily Market Analysis
The pair slid back below the Fibonacci level. Moving averages on H4 are in the negative order.
The pair closed below 50-month MA in December and below 100-week MA (1.3600) last week.
It's likely that the pair is going to reach the lower 'Window' (1.1395) within the next few hours...
It's likely that the pair is going to test the closest resistance at 1.2772 - 1.2796. The subsequent pullback from these levels could lead to...
USD/CAD has turned sharply down at the start of January and has been declining since then.
We should watch the Moving Averages as a local bearish target. The subsequent pullback from these lines could lead to...
The price has been rising since the last bullish 'Thorn' formed. The main intraday target is the next resistance at 1.2814, so...
Gold is at the upper Bollinger band and 50-week MA went below 100-week MA.
The pair formed a “hammer” on W1 and is now likely to retrace to higher levels.
The news from Apple Inc has shocked the market last week.
The main target is the previously tested resistance at 1.1466. The subsequent pullback from this level could lead to...