EURUSD long-term bearish sentiment is still intact. The initial signal of ending bearish bias is when rate trades above 1.032 and 1.036. In such scenario price would move initially to 1.05 and then it can head to 1.08 by the end of this quarter. As long as price holds below 1.032, a trading range between 1.01 and 1.032 is expected. It is worth taking bullish risk...
USDCAD is expected to stay bullish during Aug 2022. Price objectives are 1.30 and 1.316. In short-term however USDCAD is likely to be trading within a range between 1.289 and 1.302. 1.289 and 1.28 are two key levels where market is expected to start a bullish bias.
EURCAD has bottomed out around 1.3 and as long as trades above this key level, it is likely to move higher. If price trades below 1.32, the likely scenario is to see the rate move lower toward 1.303. Support is seen between 1.3 and 1.303
AUDCAD is expected to move within a trading range between 0.887 and 0.9 during AUG 2022. Possible rebound expected around 0.887 & 0.883 aiming at 0.897. Although we assume neutral bias, however the risk might be a directional move toward 0.874.
AUDCAD is expected to move within a trading range between 0.887 and 0.9 during AUG 2022. Possible rebound expected around 0.887 & 0.883 aiming at 0.897. Although we assume neutral bias, however the risk might be a directional move toward 0.874.
If price trades below 134.2, it is likely to maintain bearish bias. Support is seen around 132.5
EURCAD is likely to rebound toward 1.32 if price reaches around 1.3. if price holds above 1.297, it suggests possible short-term bullish bias.
EURAUD moves toward 1.485 as long as rate trades above 1.465
If ongoing bearish sentiment continue, 156.6/158 zone offers a solid support. If 156.6 holds, rate can recover to 164 by the end of Aug.
If rate holds above 1.21, it suggests a bullish bias toward 1.24
EURCAD has likely bottomed out around 1.297. If this level holds, It is expected to move toward a zone between 1.33 and 1.34.
EURUSD is likely to move toward 1.07 by the end of AUG 2022.
"USDCAD has been slightly upward biased since Jul 2021. There are several reasons including major bullish patterns and price actions that support more upside expectation throughout Aug and Sep 2022. Price targets sit around 1.337 and 1.36 levels by the end of third quarter. If price holds above 1.277/1.282 zone, it suggests a possible upside trajectory toward...
"It seems that ZOOM stock price is bottoming out after a long bearish path from 588.85 to 79.03. Several metrics point to possible recovery during third quarter of 2022. The oversold zone is between 91 and 102. If price breaches 113 during Aug 2022, it is an indication of a bullish trend. The best case scenario is to see a sizeable rally toward 185 by the end of...