Education
August 11, 2021
USDCAD has responded to noted resistance (VWAP and the trendline), so focus is lower. A downside level of interest is the 61.8% retrace of the rally from the June low at 1.2313. That level intersects the trendline from late January, which was support in mid-July. In other words, the line is well-defined.
August 7, 2020
After some back and fill, silver blew through 26. The recent parabolic move could run into a ceiling near 33.80. This is based on a parallel related to the 1971-2001 trendline. This parallel crosses highs in 1974, 1987, and 2008.