• CADCHF broke resistance level 0.7370
• Likely to rise to resistance level 0.7500
CADCHF continues to rise after the earlier breakout of the resistance level 0.7370 (former support from March – which stopped the previous waves B and A).
The breakout of the resistance level 0.7370 coincided with the breakout of the 38.2% Fibonacci correction of the previous ABC wave (A).
Given the multi-month uptrend – CADCHF is likely to rise further toward the next resistance level 0.7500 (which stopped the previous sharp (C)-wave in March).
Bitcoin: ⬇️ Sell - Bitcoin reversed from resistance area - Likely to fall to support level…
USDJPY: ⬇️ Sell - USDJPY reversed from resistance area - Likely to fall to support…
Stock indices The Fed managed to please the American stock market by easing its policy…
The Fed lowered rates to 3.50–3.75% and resumed asset purchases. The CHF is gaining on…
Bitcoin’s modest uptrend faces pressure as market volatility rises; corporate reserves surge, but regulatory and…
Qualcomm: ⬆️ Buy - Qualcomm broke strong resistance level 177.00 - Likely to rise to resistance…
This website uses cookies
