• 102 days Will The ECB Continue To Hike Rates?
  • 102 days Forbes: Aramco Remains Largest Company In The Middle East
  • 104 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 504 days Could Crypto Overtake Traditional Investment?
  • 509 days Americans Still Quitting Jobs At Record Pace
  • 511 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 514 days Is The Dollar Too Strong?
  • 514 days Big Tech Disappoints Investors on Earnings Calls
  • 515 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 517 days China Is Quietly Trying To Distance Itself From Russia
  • 517 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 521 days Crypto Investors Won Big In 2021
  • 521 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 522 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 524 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 525 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 528 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 529 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 529 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 531 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On 10Year US Notes And USDCAD

10Year US Notes

USD is on bullish side at the moment against some major currencies after US ISM Non-Manufacturing PMI for Sep came out at 57.1 vs 51.4. 10 year US notes are trading down and now even lower following data. We see 10 year in extended wave three now, testing 161.8% Fib level where market may look for some support, but only temporary for a bounce up into wave 4 that can show up ahead of Friday's NFP.

10 Year US Notes, 1H

US 10-Year Notes 1-Hour Chart


USDCAD

USDCAD is not moving much for the last few days, but we cannot ingore the fact that market made three waves down from 1.3282 to 1.3047 low, which is a corrective move. It's zigzag that is pointing back to the highs, maybe into final wave 5) as part of an ending diagonal.

USDCAD, 1H

USD/CAD 1-Hour Chart

 


Interested in our services? We have a Special Offer: Get 14 Days Access For 1€!! Grab the opportunity now at www.ew-forecast.com You can even subscribe to our Twitter account -> @ewforecast

 

Back to homepage

Leave a comment

Leave a comment