• 520 days Will The ECB Continue To Hike Rates?
  • 520 days Forbes: Aramco Remains Largest Company In The Middle East
  • 522 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 922 days Could Crypto Overtake Traditional Investment?
  • 927 days Americans Still Quitting Jobs At Record Pace
  • 929 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 932 days Is The Dollar Too Strong?
  • 932 days Big Tech Disappoints Investors on Earnings Calls
  • 933 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 935 days China Is Quietly Trying To Distance Itself From Russia
  • 935 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 939 days Crypto Investors Won Big In 2021
  • 939 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 940 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 942 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 943 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 946 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 947 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 947 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 949 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

USDCAD and German DAX Moving Towards New High

Structure on German Dax is pointing to new highs as already mentioned this morning as decline from the high unfolded in three waves and found a support close at former wave four, near 11753. Based on minimum expectations we see room for rally up to 11950 region.

DAX (June 2015) 30min Elliott Wave Analysis

DAX (June 2015) 30-Minute Elliott Wave Analysis Chart

USDCAD tested our upper support of a previous fourth wave range, neat 1.2160 from where we can see nice turn up now, so looks like that price is headed higher within wave (v) towards 1.2300 projected zone.

USDCAD 1h Elliott Wave Analysis

USDCAD 1-Hour Elliott Wave Analysis Chart

 


Interested in our analysis? Subscribe Our Services Here >> http://www.ew-forecast.com/service

 

Back to homepage

Leave a comment

Leave a comment