The Canadian pound is now trading near good selling areas, and we referred to them last week to be the best selling areas, extending from 1.72818 to 1.73232 with targets extended to 1.74517. Positive closing and a break out by closing a four-hour candle, above the level of 1.73232, so we expect the beginning of […]
The Canadian dollar is trading near good buying areas that we had indicated last week to be the best buying areas, extending from 1.27217 to 1.26781 with extended targets to 1.28299, and after achieving the last target, it is expected that the top of the week will form and the beginning of a corrective downward […]
The Canadian dollar started forming a descending wave. We expect the continuation of the decline from the resistance area at 1.2677 levels, to target the support area at 1.2616 levels, and from the support area, a correctional bullish wave is expected to retest the resistance area, then drop directly and target the support area at […]
The Canadian dollar is moving in a bullish pattern, expecting the continuation of the rise from the purchasing liquidity support area at 1.2721 levels, to target the selling liquidity resistance area at 1.2880 levels, and from the resistance area expected to form the top of the week. But in the event that a four-hour candle […]
The Canadian dollar is moving in a bearish direction, we expect the start of the rise from the support area at 1.2559 levels, to target the resistance area at 1.2645 levels, and from the resistance area, we expect the top of the week to form, then to decline and target the support area again at […]