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USDCAD

USDCAD Zigzag Completion Eyes 1.3520

The current USDCAD structure hints at a triple zigzag consisting of sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Waves Ⓦ-Ⓧ-Ⓨ are complete, whereas wave Ⓧ is under development. Wave Ⓧ has a bullish zigzag structure and consists of intermediate sub-waves…

USDCAD Bearish Impulse Complete?

The USDCAD shows that primary wave Ⓨ has completed with a standard zigzag. Currently, we are in the initial part of intervening wave Ⓧ of the primary degree. In the short term, we expect prices to rise in this wave near 1.341. At…

USDCAD Bears Target 1.308 On Zig-Zag

USDCAD hints at a bearish impulse wave Ⓒ consisting of waves (1)-(2)-(3)-(4)-(5) of the intermediate degree. After completing the triangular corrective wave (4), we saw a smooth decline in the impulse (5). As part of the impulse (5),…

USDCAD in Final or Penultimate Wave

The USDCAD structure hints at a bearish impulse consisting of intermediate waves (1)-(2)-(3)-(4)-(5). The impulse is part of a primary degree Ⓐ-Ⓑ-Ⓒ zigzag. At the time of writing, waves (1)-(2)-(3)-(4) are fully complete. The correction…

USDCAD Upside Part Of A Correction?

The current USDCAD cycle suggests that we are in the final part of a bearish zigzag Ⓐ-Ⓑ-Ⓒ. Wave Ⓒ consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5). Four parts of the 5-wave impulse have completed, whereas the fifth and final wave…