• USDCHF falling inside sideways price range
• Likely to fall to 0.9600
USDCHF recently reversed down from the resistance zone lying between the pivotal resistance level 0.9800 (upper boundary of the sideways price range from the start of April) and the upper daily Bollinger Band.
The downward reversal from this resistance zone started the active short-term impulse wave (iii) – which belongs to the higher level impulse waves 3 and (3). USDCHF is likely to fall further toward the next support level 0.9600 (low of this sideways price range).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
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…
This website uses cookies