EURUSD recently broke the support area lying between the round support level 1.1000 and the support trendline of the daily down channel from January – which encloses the active impulse sequence ③.
The breakout of this support area accelerated the active impulse waves (3) and 3.
EURUSD is expected to fall further and retest the next support level 1.0900 (intersecting with the support trendline of the daily down channel from June).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
