– EURCHF reversed from resistance level 0.9745
– Likely to fall to support level 0.9675
EURCHF recently reversed down from the pivotal resistance level 0.9745 (former support from March and the start of May) strengthened by the 20-day moving average and the 38.2% Fibonacci correction of the downward impulse from last month.
The downward reversal from the resistance level 0.9745 created the second consecutive reversal pattern Shooting Star.
Given the strong daily downtrend, EURCHF can be expected to fall further toward the next support level 0.9675 (which stopped the previous downward impulse wave (i)).
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
This website uses cookies