EURAUD recently reversed up from the support zone lying between the key support level 1.6060 (low of the previous wave (iv)) and the 38.2% Fibonacci correction of the previous sharp upward impulse from the start of August.
The upward reversal from this support area continues the active short-term impulse wave 3, which belongs to the medium-term impulse wave (C) from the start of June.
EURAUD is expected to rise further and retest the next resistance level 1.6340 (top of the previous minor impulse wave (i) from the start of September).
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…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
