– EURCHF reversed from pivotal support level 0.9525
– Likely to rise to resistance level 0.9600
EURCHF currency pair recently reversed up from the pivotal support level 0.9525 (which stopped the previous waves 3 and i), intersecting with the lower daily Bollinger Band.
The upward reversal from the support level 0.9525 stopped the active short-term impulse wave iii from the end of August.
Given the strength of the support level 0.9525 and the triple bullish divergence on the daily Stochastic, EURCHF can be expected to rise toward the next resistance level 0.9600 (top of the previous waves ii and b).
Today is Monday, December 15th, and we're going to talk about the Japanese yen, where…
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
This website uses cookies