• Euro50 reversed from resistance level 3400.00
• Likely to fall to 3230.00
Euro50 recently reversed down from the pivotal resistance level 3400.00 (former monthly low from October of 2019 and the latest monthly high from June), intersecting with the lower daily Bollinger Band.
The downward reversal from the resistance level 3400.00 created the daily Japanese candlesticks reversal pattern Shooting Star – which started the active impulse (1).
Euro50 is likely to fall further toward the next support level 3230.00 (bottom of the previous Hammer from the start of July).
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
This website uses cookies