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EURCAD broke key resistance level 1.4920 Likely to rise to resistance level 1.5040 EURCAD currency pair recently broke above the key resistance level 1.4920, which stopped the previous correction (2) at the start of June. The breakout of the resistance level 1.4920 greatly accelerated the active impulse wave c of the ABC correction 2 from […]

The post EURCAD Wave Analysis appeared first on Action Forex.

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17/07/2024

GBP/USD Outlook: Cable Rises Above 1.3000 and Hits New 2024 High

Cable surged through psychological 1.30 barrier and hit its highest in one year on Wednesday, after hotter than expected UK June inflation data tempered expectations for first BoE rate cut in next month policy meeting. Fresh strength after a two-day pause for consolidation signals continuation of broader uptrend however, close above 1.30 level is required […]
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USDCAD Wave Analysis

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