• USDCHF reversed from resistance level 0.92865
• Likely to fall to support level 0.9100
USDCHF continues to fall after the price reversed down from the resistance level 0.92865, which stopped the previous waves (a), (b).
The resistance level 0.92865 was further strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci retracement of the previous downer impulse from last month.
Given the clear daily downtrend, USDCHF can be expected to fall further toward the next support level 0.9100.
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- 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…
This website uses cookies