– EURGBP reversed from support zone
– Likely to rise to resistance level 0.8375
EURGBP currency pair previously reversed up from the support area located at the intersection of the support level 0.8260 (which stopped the previous minor impulse wave i) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Long Legged Doji – strong buy signal for this currency pair.
Given the bullish divergence on the daily Stochastic indicator, EURGBP currency pair can be expected to rise further to the next resistance level 0.8375 (top of the previous minor correction a).
Oil prices rose by over 7% in the past week, reaching above $70 per barrel.…
- EURCHF reversed from support zone - Likely to rise to resistance level 0.9360 EURCHF…
The RBNZ's key rate decision, the release of the FOMC meeting minutes, and inflation estimates…
The crypto seems recharged over weekend, and positive traction resumed on Monday. Bitcoin may reach…
- GBPUSD broke support zone - Likely to fall to support level 1.2465 GBPUSD currency…
- USDCHF broke resistance zone - Likely to rise to resistance level 0.9000 USDCHF currency…
This website uses cookies