GBPCAD Wave Analysis – 18 October, 2021

• GBPCAD reversed from resistance area• Likely to fall to support level 1,690 GBPCAD currency pair recently reversed down from the resistance area lying between...

EURGBP Wave Analysis – 15 October, 2021

• EURGBP broke support level 0.8450 • Likely to fall to support level 0.8400 EURGBP continues to fall after this currency pair broke the key support...

Rising eurozone imports weaken EUR

The eurozone’s trade surplus is under pressure this year, reducing support for the single currency against rivals. Data published today showed a reduction in...

Almost euphoria in the US stocks & Yen’s race to the...

The S&P500 index closed Thursday with the biggest gain in seven months, adding 1.7%. In a sharp move, the index managed to get back...

Natural gas Wave Analysis – 14 October, 2021

• Natural gas reversed from support zone • Likely to rise to resistance level 6.3 Natural gas recently reversed up from the support zone lying between...

Inflation and FOMC minutes brought back demand for risks

The dollar pulled back from a one-year high area, with US stock markets closing higher on Wednesday and its futures adding in trading in...

NZDCAD Wave Analysis – 13 October, 2021

• NZDCAD reversed from support zone • Likely to rise to resistance level 0.8715 NZDCAD currency pair recently reversed up from the support zone lying between...

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