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USDCAD analysis 06.05.2020

An ascending H2 level pattern has formed on the chart. The wave (A H2?) broke through the inclined channel of the descending pattern, the expected correction (on H2) tested 50% on fibo and the price pivot zone of 1.4000. A breakout of 1.4078 will result in the formation of …

Trading ideas for Intel Corp. (NASDAQ) 06.05.2020

On April 20th, we already recommended buying Intel stock CFDs at the breakout level of 48.80. The shares are now trading flat after the predicted growth, as can be seen now. The flat range’s lower border (56.70) is holding back sellers. A breakout of 59.27 will result in the …

EURUSD technical analysis 06.05.2020

The pair remains under strong pressure as Germany’s constitutional court calls on the ECB to justify the broad stimulus measures, threatening to halt the Bundesbank’s participation in the scheme. If this situation comes to a standstill, the pair is likely to continue falling. Only the Bundesbank remaining in the …

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