EUR/CAD is poised to breakout from the ascending triangle pattern and tracing the wave 3 of the 1-2-3-4-5 Impulsive Elliot Waves. Main Support and Resistant Levels are 1.5552 1.5249 1.5023 1.4732 1.4466 Day Chart Week Chart
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NZD/USD has formed a 1-2-3 formation and is likely to exptend to 1-2-3-4-5 elliot emotive waves. The pair is likely to fall towards 0.7006 and further towards 0.67425.
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GBP/CAD is bearish. The pair has already traced the first 4 waves of the 5 emotive elliot waves and is the process completing the wave 5. Its likely to fall towards support level of 1.5750.
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EURNZD is trading 50 EMA in daily chart. It is like tracing the Wave 1 of the emotive 5 Elliot Waves. For the technical analyis, Elliot Waves, EMA, Support and Resistance are used.
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XAU/USD is above the 88 EMA in daily Chart and is bullish biased. It is tracing the wave 3 of the 5 emotive elliot waves. Indicators/Patterns used in the technical analysis are Moving Average, Elliot Waves, Triangle Pattern and Support and Resistance.
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