loyisom

loyisom

Looking at the FX:GBPUSD 4H chart, its been on a bearish trend since the 27th of March. The major price levels to watch here are the support level 1.23644, the resistance level 1.24157 as well as the next support 1.23260. We can see that the price was (or is) on a bearish pullback to that key resistance level, which is just above the 38.20% Fibonacci level....

loyisom

Looking at the AUDCAD Daily chart, its been in an Elliott Wave impulse pattern since the 9th of February with wave 1 starting at the 0.96451 price level. Currently its seems to be at the end of wave 4 and will continue with the bullish momentum. On wave 5 we could see the price move to a previous structural high (1.03473) which will be just above the Fibonacci...