CADJPY recently reversed down from the resistance area lying between the resistance level 83.25 (former monthly high from July) and the upper daily Bollinger Band. The downward reversal from this resistance area started the active impulse wave 3.
The active impulse wave 3 belongs to the extended multi-month downward impulse sequence (3) from March.
CADJPY is expected to fall further and retest the next support level 82.00 (former resistance level from September).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
