• GBPJPY reversed from resistance level 172.40
• Likely to rise to resistance level 170.00
GBPJPY recently reversed down from the long-term resistance level 172.40 (which has been reversing the price from last October).
The downward reversal from the resistance level 172.40 stopped the previous sharp upward impulse wave 3, which belongs to wave (3) from January.
Given the overbought daily Stochastic, GBPJPY can be expected to fall further toward the next support level 170.00.
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
EURJPY: ⬆️ Buy - EURJPY reversed from support area - Likely to rise to resistance…
The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…
Today is Monday, the 12th of January, and once again we will talk about the…
Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
This website uses cookies