• EURCHF broke support area
• Likely to fall to support level 1.000
EURCHF continues to fall after the earleir breakout of the support area located between the key support level 1.0200 and the support trendline of the daily down channel from last September.
The breakout of this support area accelerated the active impulse waves 3 and (3).
Given the clear daily downtrend and the strongly bearish euro sentiment – EURCHF can be expected to fall further toward the next support level at parity (1.0000).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="479px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
