GBPCHF recently reversed up from the key support level 1.2400 (which also reversed the previous impulse wave 1 at the start of December, as can be seen below) – strengthened by the lower daily Bollinger Band.
The upward reversal from the support level 1.2400 created the daily Japanese candlesticks reversal pattern Hammer (the same price area created the daily Morning Star earlier this month).
GBPCHF is expected to rise further and re-test the next resistance level 1.2620 (top of the previous corrective wave 2).
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
