USD/CAD extended the consolidation pattern from 1.3480 last week. Initial bias stays neutral this week first. While stronger rebound cannot be ruled out, upside should be limited by 55 D EMA (now at 1.3752) to complete the pattern. On the downside, firm break of 1.3480 will resume larger down trend from 1.4791 to 61.8% projection […]
The post USD/CAD Weekly Outlook appeared first on ActionForex.
The short-term Elliott Wave outlook in Crude Oil (CL) indicates that the cycle from the December 16, 2025 low has advanced as a five-wave impulse. From that low, wave (1) concluded at $66.48, followed by Read more…
Aussie has staged a remarkable breakout today, surging broadly higher to clip a near four-year peak against Dollar. AUD/USD is now knocking on the door of a critical resistance zone at 0.72. Firm break above Read more…
We revise our view of RBA policy: 25bp hikes in both March and May expected. Single hike still possible but not our base case. The RBA is now expected to hike rates 25bp in both Read more…