Arcellormittal formed an inverted H&S on the Weekly timeframe. Neckline has been broken and retested, and is currently rising on a nicely defined wedge. Leg D-E is underway, and should take us at least to the 35-40 range in the following weeks, which represents a 30-40% gain. Most probably entry point is @ 27.550, which would be leg 2 of D-E. In the H1...
USD/CAD is following FIB levels nicely on the downfall. Retracement to .382 @1.29486 indicated trend continuation to the downside. A pullback to .618 on smaller timeframes is underway (@1.28936). Looking at the general trend, and with considerable resistance @1.29, the pair is expected to continue falling from this point. Target is the 1.27697 to 1.27924 area,...