free stats

USD/СAD wave analysis and forecast for 20/07/2018 – 27/07/2018

USD/СAD wave analysis and forecast for 20/07/2018 – 27/07/2018

The ascending trend for USD/CAD price continues. Estimated pivot point is at a level of 1.3109

Main scenario: long positions will be relevant above the level of 1.3109 with a target of 1.3500 – 1.3600.

Alternative scenario: 

Analysis: Supposedly, the first wave of senior level 1 of (5) continues to develop on the daily time frame in the form of a wedge. The fifth wave v of 1 continues developing on the 4-hour timeframe. Apparently, the third wave of junior level (iii) of v continues forming now on the 1-hour time frame, with the emerging wave v of (iii) inside. If the presumption is correct, the USD/CAD price will continue increasing towards the levels of 1.3500 – 1.3600. The level 1.3109 is critical in this scenario.

Do You Want To Make Thousands Of Dollars Extra Cash Every Month
From Forex Trading In Pakistan?

Subscribe To Our Mailing List And Get Free Forex Training Videos, Free Forex Trading Strategies, Free Forex Indicators, Robots And Free Forex Analysis From ForexGuru.Pk Team In Your Email

We Respect Your Privacy And Protect It Seriously

Categories: Free Forex Signals

Do NOT follow this link or you will be banned from the site!