Analysis & Forecast
– EURCAD broke resistance level 1.5085– Likely to rise to resistance level 1.5175EURCAD currency pair recently broke the resistance level 1.5085 (which reversed the price in the middle of October).The breakout of the resistance level 1.50...
– Brent crude oil reversed from long-term support level 70.00– Likely to rise to resistance level 75.00Brent crude oil recently reversed up from the major long-term support level 70.00 (which has been reversing the price from the end of 2...
– USDCAD reversed from strong resistance level 1.3940– Likely to fall to support level 1.3875USDCAD currency pair today reversed down from the strong resistance level 1.3940 (which stopped the previous intermediate impulse wave (1) at the...
Market picturePolls and forecasts have yet to produce a clear frontrunner in the US presidential race. In recent days, there has been a widespread view that markets are pricing in a Trump victory, but for many investors it is too close to call, incre...
– Gold broke resistance level 2750.00– Likely to rise to resistance level 2800.00Gold recently broke above the minor resistance level 2750.00 (which stopped the previous minor impulse wave 1 earlier this month).The breakout of the resista...
– GBPAUD broke resistance zone– Likely to rise to resistance level 2.0000GBPAUD currency pair recently broke the resistance zone located between the resistance level 1.9700 (former multi-month high from September) and the 61.8% Fibonacci ...
– 3M reversed from support zone– Likely to rise to resistance level 135.003M recently reversed up from the support area between the pivotal support level 126.65 (former resistance from July and the support from September).The support zone...
– Silver reversed from support zone– Likely to rise to resistance level 35.00Silver recently reversed up from the support zone located between the key support level 33.00 (which stopped wave 1 last month) and the 38.2% Fibonacci correctio...
– USDCAD reversed from support zone– Likely to rise to resistance level 1.3950USDCAD currency pair recently reversed up from the support level 1.3745 (former resistance from the middle of August, serving as the support after it was broken...
– NZDUSD broke support zone– Likely to fall to support level 0.5920NZDUSD currency pair recently broke the support zone set between the support level 0.6050 (which stopped wave A at the start of October) and the 61.8% Fibonacci correction...
