• EURCHF under bullish pressure
• Likely to rise to 1,0850
EURCHF recently broke sharply above the key resistance level 1.0785 (upward target set in our previous forecast for this currency pair).
The breakout of the resistance level 1.07860 coincided with the breakout of the 50% Fibonacci correction of the earlier downward impulse from October.
EURCHF is expected to rise further toward the next resistance level 1,0850 (target price for the completion of the active impulse wave (c)).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies