• CADCHF reversed from support level 0.6790
• Likely to rise to resistance level 0.6850
CADCHF recently reversed up from the key long-term support level 0.6790 (which has been reversing the price from the middle of 2020, as can be seen from the weekly CADCHF chart below).
The support area near the support level 0.6790 was strengthened by the lower weekly Bollinger band.
Given the oversold reading on the weekly Stochastic indicator, CADCHF can be expected to rise further toward the next resistance level 0.6850.
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies