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Welcome to weekly market overwiev, where we look for Price Action patterns and/or use Elliott Wave Theory. YOU CAN READ MORE ABOUT ELLIOTT WAVES HERE NZD/USD Currency...

EURCAD – 80 pips left to important support

Downward movement at EURCAD is continuing after broke below support in last week. It is likely that today's session will bring fifth downward candle...

EURCAD – correction should occur

Macroeconomic data from US caused sharp downward movement at EURCAD. Rebound occurred when price moved above 1.5580 area which is nearest support. US retail...

EUR/CAD – chance to go back to resistance at 1.5540

Support at 1.5245 on H4 chart is successfully protected by the bulls and although the lows are declining this closure is followed every time...

EURCAD – rebound from the support area. The end of correction?

After January 20th when EURCAD reached 1.6100 (5 years high), dynamic rebound occurred. Falls lasted 3 days and finished at 1.5245 level which is...

EURCAD – close to break below support

Since 2012 there is a huge volatility at EURCAD. Clear trends last many months, and later there is no consolidation, but new dynamic trends....

EURCAD – broken below uptrend line

Since the top of the August 24 which EURCAD established at level 1.5560 continues the downward movement. At the level 1.4480 broke below was...

EURCAD – uptrend line will make rebound?

On the daily chart since April 2015 EURCAD moves in an upward trend. Correction, which lasts for two months now reached a level that...

EURCAD – break above from upward channel will lead up price to this year’s...

On 24 August resistance at level 1.5560 was tested. Which was a five years maksimum set in 2014. After that EURCAD formed and moves...

EURCAD time for a decision – up or down after reaching the September’s top.

Time-frame H1On 28 August EURCAD moved in a side trend between support 1.4600 and resistance 1.5000. Since the beginning of September another resistance at...

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