JPMorgan Chase recently reversed up from the support area lying between the support level 130.00 (which reversed the price with the daily Morning Star in December), upper trendline of the weekly up channel form 2019, lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous upward impulse from October.
The upward reversal from this support area stopped the previous ABC correction 4.
JPMorgan Chase is likely to rise further toward the next resistance level 135.00 (former support from the start of January).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies