• AUDCHF rising inside impulse wave (C)
• Likely to reach resistance level 0.6900
AUDCHF continues to rise inside the impulse wave (C) – which previously broke the minor daily down channel from last month.
The active impulse wave (C) started earlier when the pair reversed up from the powerful support level 0.6745 (former long-term resistance level from last August).
Given the clear uptrend – AUDCHF currency pair is expected to rise further toward the next resistance level 0.6900 (top of the aforementioned down channel and wave (1)).
US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…
🛢️ Oil prices are finding fresh strength as geopolitical tensions in the Middle East reignite…
Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
This website uses cookies