• GBPCHF broke resistance level 1.2480
• Likely to reach resistance 1.2800
GBPCHF continues to rise strongly after the pair broke the resistance level 1.2480, intersecting with the 61.8% Fibonacci correction of the previous downward impulse from December.
The breakout of the resistance level 1.2480 accelerated the active impulse wave 3 – which then broke the daily up channel from December.
GBPCHF can be expected to rise further toward the next support resistance 1.2800 (former monthly high from February of 2020).
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%…
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
This website uses cookies