USD/CHF remains likely to fall. Estimated pivot point is at a level of 0.9651. Main scenario: consider short positions from corrections below the level of 0.9651 with a target of 0.9454 – 0.9238. Alternative scenario: breakout and consolidation above the level of 0.9651 will allow the pair to continue rising to the levels of 0.9759 […]
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USD/CAD: Elliott wave analysis and forecast for 05/06/2020 – 12/06/2020
USD/CAD remains likely to fall. Estimated pivot point is at a level of 1.3576. Main scenario: consider short positions from corrections below the level of 1.3576 with a target of 1.3400 – 1.3300. Alternative scenario: breakout and consolidation above the level of 1.3576 will allow the pair to continue rising to the levels of 1.3831 […]
Euro: all is fair in war
The ECB actions sent the EUR/USD up to the highest level since early March It is better to regret something you do than to regret something that you don’t do. The ECB has given the market more than it expected, extending the Pandemic Emergency Purchase Program (PEPP) by €600 billion to €1,350 billion. It also […]
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