AUDCHF recently reversed up from the key support area lying between the support level 0.6870 (which reversed the price twice in September) and the lower daily Bollinger Band.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer – which started the active medium-term ABC correction (2).
AUDCHF is expected to rise further and re-test the next resistance level 0.7250 (target price for the completion of the active wave (2) and the top of the previous correction 2).
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
This website uses cookies