EURUSD recently reversed down from the resistance zone lying between the resistance level 1.1080 (top of the previous wave (a)) and the resistance trendline of the daily down channel from June.
The downward reversal from this resistance zone stopped the earlier short-term impulse wave (c) of the ABC correction (ii) from the start of September.
EURUSD is expected to fall further in the active short-term impulse wave 3 and retest the next round support level 1.1000.
• Central banks prefer to pause. • The strengthening of the dollar prevented gold from…
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
This website uses cookies
