AUDCHF continues to rise after the recent breakout of the resistance area lying at the intersection of the pivotal resistance level 0.7270 (former multi-month support level) and the resistance trendline of the daily up channel from September.
The breakout of this resistance zone should accelerate the active impulse wave (C) – which belongs to the long-term ABC correction ② from September.
AUDCHF is like to rise further and re-test the next resistance level 0.7400 (which reversed the price multiple times in July and also in August).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies
