EURUSD recently broke sharply below the key support level 1.1120 – which has been reversing the price from the end of April – as can be seen below.
The breakout of the support level 1.1120 accelerated the active impulse wave 3 – which belongs to the medium-term impulse wave (3) from June.
EURUSD is expected to fall further and retest the next round support level 1.1000 (target price for the completion of the active impulse wave 3).
- 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…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies