EURUSD recently reversed up from the combined support zone lying between the key support level 1.0600 (which started the sharp uptrend in 2017), lower weekly Bollinger Band and the support trendline of the weekly down channel from 2018.
The upward reversal from this support zone stopped the previous weekly downward impulse sequence (3).
With the clear bullish divergence visible on the weekly Stochastic indicator – EURUSD is likely to rise further toward the next resistance level 1.1200.
Tech sell-off and high Q4 forecasts put the S&P 500 at risk; the Russell 2000…
Donald Trump has no intention of dismissing Jerome Powell. The White House's decision to postpone…
Today is Thursday, January 15th. Once again we will talk about the gas market. The…
Crypto market rebounds, Bitcoin eyes $100K, Dash surges, institutional demand rises, and Ethereum staking hits…
Bitcoin: ⬆️ Buy - Bitcoin broke resistance area - Likely to rise to resistance level…
NZDJPY: ⬇️ Sell - NZDJPY reversed down from the resistance area - Likely to fall…
This website uses cookies
