• CHFJPY broke key resistance level 127.00
• Likely to rise to resistance level 129.00
CHFJPY continues to rise after the earlier breakout of the key resistance level 127.00 (previous monthly top from January)
The breakout of the resistance level 127.00 accelerated the active short-term impulse wave (iii) of wave (3) from last month.
CHFJPY can be expected to rise further toward the next resistance level 129.00 (target for the completion of the active wave (3), intersecting with the daily up channel from December).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies