• USDCHF reversed from level 0.9380
• Likely to rise to 0.9465
USDCHF recently reversed up from the key support level 0.9380 (which has been reversing the price from the middle of March, as can be seen from the daily USDCHF chart below).
The support area neat the support level 0.9380 is strengthened by the lower daily Bollinger Band.
Given the clear bullish divergence on the daily Stochastic indicator – USDCHF is likely to rise further toward the next resistance level 0.9465 (top of the previous corrective wave (ii)).
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies