CADCHF continues to rise inside the impulse wave (i) which started earlier from the support area lying between the support level 0.6810 (monthly low from April), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse from March.
The active impulse wave (i) belongs to the medium-term impulse sequence C from the start of May.
CADCHF is expected to rise further toward the next resistance level 0.7000 (which reversed the previous wave (b)).
US indices have been gaining daily since the beginning of May. They have found strength…
Market picture The crypto market has lost 2% of its capitalisation over the last 24…
- S&P 500 reversed from support level 5000.00 - Likely to rise to resistance level…
- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
This website uses cookies
