Trading Blog
• AUDCHF reversed from major resistance level 0.6700
• Likely to fall to 0.6600
AUDCHF continues to fall after the pair failed to break above the multi-month resistance level 0.6700 (which has been reversing the pair from June) – standing near the upper daily Bollinger Band.
The downward reversal from the resistance level 0.6700 started the active medium-term downward impulse wave (3).
AUDCHF is expected to fall further toward the next support level 0.6600 (low of the daily Morning Star from the start of November).
The crypto market has continued to cool down for the third day, with a 1.7%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies