– CHFJPY broke resistance zone
– Likely to rise to resistance level 174.90
CHFJPY currency pair under the bullish pressure after the earlier breakout of the resistance zone located between the key resistance level 172.00 (which stopped the previous waves A, C,E and (1)) and the 50% Fibonacci correction of the primary downward correction 4 from July.
The breakout of this resistance zone accelerated the active intermediate impulse sequence (3) from the end of September.
Given the rising bullish Swiss franc sentiment, CHFJPY currency pair be expected to rise further to the next resistance level 174.90.
🛟 Bitcoin is having a hard time staying afloat, even as major players step in…
We're gonna talk about the gas market, where prices are falling rapidly. Let's take a…
The US dollar weakened significantly in 2025, and its fate depends on central banks. The…
Major cryptocurrencies fell amid declining market sentiment, low liquidity, and institutional rebalancing, with Bitcoin dropping…
Dogecoin: ⬇️ Sell - Dogecoin broke long-term support level 0.1365 - Likely to fall to…
Alcoa: ⬇️ Sell - Alcoa reversed from strong resistance level 47.00 - Likely to fall to…
This website uses cookies