• EURCHF falling inside impulse waves 5 and (3)
• Likely to reach support level 0.9600
EURCHF currency pair continues to fall inside the short-term impulse wave 5, which started earlier from the key resistance level 0.9800.
The short-term impulse wave 5 belongs to the higher order downward impulse sequence (3) from the start of May.
EURCHF can be expected to fall further toward the next support level 0.9600 (which stopped the sharp downtrend in August).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies