– CADJPY reversed from support level 104.60
– Likely to rise to resistance level 107.00
CADJPY today reversed up from the key support 104.60 (which has been repeatedly reversing the price from July) standing below the lower daily Bollinger Band.
The key support 104.60 was strengthened by the 38.2% Fibonacci correction of the upward impulse from March.
Given predominant uptrend, CADJPY currency pair can be expected to rise to the next resistance level 107.00 (former support from August).
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
This website uses cookies