USDCHF: ⬆️ Buy
– USDCHF reversed from support zone
– Likely to rise to resistance level 0.8000
USDCHF recently reversed up from the support zone located between the pivotal support level 0.7865 (which stopped the sharp downtrend in June), lower daily Bollinger Band and the support trendline of the daily down channel from July.
The upward reversal from this support zone will mostl likely form the daily Japanese candlesticks reversal pattern Morning Star – if the price closes today near the current levels.
Given the strength of the support level 0.7865 and the oversold daily Stochastic, USDCHF can be expected to rise to the next round resistance level 0,8000 (former support from August).
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
EURUSD: ⬇️ Sell - EURUSD broke daily up channel - Likely to fall to support…
WTI crude oil: ⬆️ Buy - WTI crude oil reversed from support zone - Likely…
Positive macro statistics for the US are helping the greenback. Gold could rise to $4,610…
Crypto markets fell amid caution; Bitcoin and Ethereum face technical and investor shifts, with privacy…
This website uses cookies