AUDUSD recently broke above the key resistance level 0.6930 (monthly high from October and November – which also stopped the earlier wave (A)).
The breakout of the resistance level 0.6930 coincided with the breakout of the 61.8% Fibonacci correction level of the previous sharp downward impulse from July.q
AUDUSD is expected to rise further in the active impulse wave 3 toward the next resistance level 0.7080 (monthly high from July).
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
