GBPAUD recently reversed down from the key resistance area lying between the major resistance level 2.0600 (which has been revering the price from the start of March) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active short-term corrective wave (ii).
GBPAUD is likely to fall further toward the next round support level 2.000 (former support from the end of March and the target for the completion of the active correction (ii)).
- 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
