– GBPCHF falling inside minor impulse wave 3
– Likely to fall to support level 1.0820
GBPCHF currency pair continues to fall inside the minor impulse wave 3, which reversed earlier from the resistance level 1.1000 (former multi-month support level from March).
The active minor impulse wave 3 belongs to the intermediate impulse wave (C) from the middle of June.
Given the clear daily downtrend, GBPCHF can be expected to fall further toward the next support level 1.0820 (target for the completion of the active impulse wave (C)).
This week, we’re tracking the US Dollar’s powerful climb following Trump's victory, hitting a crucial…
Next week, several countries including Canada, the UK, and Japan will release their estimates of…
Investors have been selling off gold, with this week's drop being the largest in three…
The Hang Seng Index has fallen 20% from its peak, marking the start of a…
The S&P500 reached the 6000 mark but faced resistance due to fatigue and dollar appreciation.…
The crypto market has continued to cool down for the third day, with a 1.7%…
This website uses cookies