• GBPJPY broke resistance area
• Likely to rise to 136.30
GBPJPY recently broke the resistance area lying between the resistance level 133.90 (top of the previous impulse wave (1)) and the 38.2% Fibonacci correction of the previous ABC correction from June.
The breakout of the resistance area accelerated the active medium-term impulse wave (3) from last month. GBPJPY is likely to rise further toward the next resistance level 136.30 (top of the previous wave (B) and the target for the completion of the impulse (3)).
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- 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…
This website uses cookies