• GBPCHF reversed from round support level 1.2000
• Likely to reach resistance level 1.22
GBPCHF recently reversed up from the key round support level 1.2000 (which has been repeatedly reversing the pair from the end of May) .
The support zone near the support level 1.2000 was strengthened by the lower daily Bollinger Band.
Having just broken above the key resistance 1.2110 (which has stopped all advances at the end of May), GBPCHF can be expected to rise further toward the next resistance level 1.22 (top of wave (ii) from last month).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies