DAX 30 is still bullish despite the current drop. The index has plunged after failing to make a new higher high. It remains to see how it will react around some critical support levels. The price action has developed a major Rising Wedge. Still, the reversal pattern is far from being confirmed, …
GBP/CAD More Gains In View!
GBP/CAD is trading in the red right now at 1.7180 level after failing to stabilize above the former high of 1.7206 level. Technically, the pair could decrease a little in the short term before resuming its growth. The pair has escaped from an extended sideways movement, from a continuation …
AUD/CAD Upside Still In Cards!
AUD/CAD moves sideways in the short term trying to attract more bulls. The pair has signaled that the downside movement is over, so we cannot exclude potential growth. Though, we have to wait for confirmation before jumping into a long position. Tomorrow, Canada will publish its inflation data. …