USDCHF has been rising in the last few trading sessions inside the short-term impulse wave (c) – which started recently from the support area lying between the strong support level 0.9665 (which stopped the sharp downtrend in August) and the lower daily Bollinger Band.
The active impulse wave (c) belongs to the ABC correction (ii) – which also started previously from the aforementioned support area.
USDCHF is likely to rise further toward the next resistance level 0.9775 (former support from December and the target for the completion of the active impulse i).
Nikkei 225: ⬇️ Sell - Nikkei 225 broke support zone - Likely to fall to…
Gold: ⬇️ Sell - Gold broke daily up channel - Likely to fall to support…
The U.S. dollar takes a major hit as trade tariffs spark capital flight, while global…
Gold experienced a significant increase followed by a sharp decline. It may be a good…
US indices fell after tough tariffs were announced by Trump, triggering a negative reaction in…
The US dollar is experiencing a decline due to trade tariffs and capital flight. The…
This website uses cookies
