Hi traders,
Last week Friday AUDCAD broke through 0.9110 resistance level and has shown a clear A-B-C pattern which indicates a potential downward movement in the near future.
It is highly likely that we can witness some bounce back in today and the coming few days but mid-term wise speaking we still expect expect AUDCAD to fall to levels like 0.90 / 0.89.
My...
Hi traders,
In the past few days, we have witnessed AUDNZD went through mid-term consolidation in both the hourly chart and the daily chart.
Yesterday night we have witnessed a clear breakthrough of the 1.05 level and the upward momentum was strong, which leads us to believe it's a start of a mid-term uprise and the downward channel start from June 18th has...
Hi traders,
To recap in the past few days we have seen small resistance around the 1.36 area and yesterday night a very strong downward momentum has pushed GBPUSD to break the integer resistance level 1.3600.
In the hourly chart small price adjustment can be observed in the bottom area but no strong upward momentum up until the moment I'm writing this...
