• GBPCHF under bearish pressure
• Likely to fall to 1,1730
GBPCHF under bearish pressure after the earlier breakout of the key support level 1.1820 (which has been reversing the price from the middle of May).
The breakout of the support level 1.1820 accelerated the active short-term impulse wave 3 which belongs to the sharp C-wave from the start of June. GBPCHF is likely to fall further toward the next support level 1,1730 (low of the previous wave (B)) – the breakout of which should lead to further losses toward 1,1600.
- 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