• 24 hours New Study Equates Luxury Cars With Low Self-Esteem
  • 1 day Rio Tinto To Spend $1 Billion To Reduce Its Carbon Footprint
  • 2 days The Ultra-Wealthy Lost $140 Billion In One Day
  • 2 days Three Energy Casualties In The Coronavirus Crisis
  • 3 days Markets Crumble As Coronavirus Panic Peaks
  • 3 days Cobalt May Be The Key To Clean Hydrogen Fuel
  • 5 days How Taxpayers Are Bankrolling The EV Revolution
  • 6 days The Coronavirus Is Crushing China’s Car Market
  • 7 days Fighting For Survival In The Streaming War
  • 8 days Want A Job? Forget About A Bachelor’s Degree
  • 8 days Another Major Car Maker Is Backing Hydrogen
  • 9 days Are Americans Finally Sold On Soccer?
  • 9 days Is The Tech Bubble About To Burst?
  • 10 days Coronavirus Could Cost Tourism Industry $80 Billion
  • 10 days What Web Traffic Trends Can Tell Us About The World
  • 10 days Miners Face Greater Headwinds
  • 11 days Boris Johnson Proposes Billion Dollar Bridge To Northern Ireland
  • 12 days Goldman Slashes Oil Price Forecast By $10
  • 13 days Tesla Raises $2 Billion In Share Selloff
  • 14 days What The T-Mobile Takeover Of Sprint Really Means For Markets
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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…

  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