ATM_INVEST

ATM_INVEST

Since August 2021, the price of EUR/CAD seems to be changing its trend and forming a new downtrend channel. Several areas are to be monitored, in particular the 0.61 points of the fibonacci and the first supply zone at the level of 1.5050 - 1.5250 which is at the intersection of the 2 channels. Then the second supply zone seems to be a strong resistance, to be...

ATM_INVEST

Still in an upward underlying trend, the price of gold seems to have formed a chartist figure, the flag would imply a slowdown in the price since the rise in 2018. 

 The causes of this new rise in recent weeks is the fact that central banks have amassed a large amount of gold during the third quarter. At first, the price could continue its rise up to $1900,...

ATM_INVEST

Still within the falling wedge formed since 2008, the price bounced off the support, 500 pips below the parity 1/1. Currently on the 1.05 zone, as long as this parity zone is not broken, we can expect a bullish continuation. Several areas are to be monitored, including points 0.5 and 0.61 of the fibonacci. Another element will be to be taken into account on this...