CADJPY pair is trading nicely as expected for the last couple of weeks. It turned aggressively down with five wave cycle from 110 area. A decline that suggests more weakness but after a corrective rally, as we already shared back on March 27. We know that corrections are made by three waves A-B-C that is now in full progress with already wave C in the making....
UBER, a platform that provides ride hailing, food delivery, and package delivery as a service, started its downtrend before the major US equity indices. UBER's all-time high occurred on February 10, 2021, almost exactly two years ago. UBER proceeded to carve out lower highs and lower lows for quite some time afterwards, the very definition of a downtrend. But it...
