EURUSD recently reversed up with the daily Hammer from the support area lying between the strong support level 1.1200 (which has been reversing the price from the middle of November) and lower daily Bollinger Band.
The upward reversal from this support area started the active short-term ABC correction 2.
With the oversold daily Stochastic indicator EURUSD is expected to rise further and re-test the next resistance level 1.1300.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
