On the daily chart, USD/CAD is fighting for an important level of 23.6% of the long-term wave.
Tag - usd
USD/CAD is fighting for the initiative near the correction high of the “Shark” pattern.
Do you want to get clues on the upcoming economic events?
Economic data have a great impact on the markets.
On the daily chart, AUD/USD reached an important support at 78.6% of the long-term wave and 200% target of AB=CD.
On the daily chart, NZD/USD keeps forming a “Head and Shoulders” and AB=CD with a target at 161.8%.
On the daily chart, the inability of bulls to lead EUR/GBP outside of the long-term trading range of 0.87-0.902 points at their weakness.
On the daily chart, EUR/USD is consolidating in the 1.1500-1.1850 range. A break of its upper border triggers AB=CD pattern with a target at 200% and will increase the risks of a “Shark” with a target
On the daily chart, USD/JPY is consolidating in the 109.75-112.15 range within the “Spike and ledge”.
GBP/USD is trying to consolidate after the April-August decline. The range of 1.27-1.30 is the most likely consolidation range.
USD/CHF broke below the lower border of the uptrend channel and the triangle with the following triggering of the “Bat”.
On the daily chart of XAU/USD, bulls couldn’t break the resistance at 1,216 and hold the pair above 1,209.