USD/CAD, Crude oil and S&P500 Video analysis - Elliott wave [Video]

Gregor Horvat Wavetraders

Hello traders,

USDCAD can be unfolding a bigger corrective wave 2, with its first leg A) and now B) completed. We are tracking a new impulse down from the 1.3327 level which can be labelled as wave C) of two, and which can look for support/bullish turn near the 1.288/1.260 region.

USDCAD, Daily

Trade well,

Thew EW-Forecast team.

Also, if you have not checked our new video on Crude oil and its connection with the S&P500 please check it below:

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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