• 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)).
- 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