Technical Analysis

The latest technical analysis for major currency pairs, metals, commodities, and cryptocurrencies.

Bitcoin cryptocurrency can be expected to extend the gains toward the next resistance level 48000.00 (which stopped waves 3 and 5 in January and the target price for the completion of the active impulse wave (3)).

USDCAD currency pair today reversed down sharply from the powerful resistance zone lying at the intersection of the pivotal resistance level 1.3530, upper daily Bollinger Band and the exact level of the 50% Fibonacci correction of the previous sharp downward ABC correction (2) from November.