USDCAD

USDCAD

TS Forecasts. Sergey Ivanov

Spectrum.

Weekly. Stay bearish till Feb 2021.

Weekly

Daily. Bullish turn is expected from the middle of the week and further growth for the next 3 weeks at least.

Q-Sp; T-Sp

Annual cycle analysis.

Annual cycle insists on bearish stance till beginning of Sept. However, seasonal line (green) starts working as inverted a few months ago that might resulted in additional deviation of turning points. So, keep an eye on bullish opportunities.

Fast annual and seasonal curves

Elliott waves analysis.

it will be added from 08/31

ZZ structure.

Both ZZs are bearish while crucial level 1.3400 holds. Thus, further decline is expected generated by L-2 blue ZZ.


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