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AUD/JPY continues to rise after the recent breakout of the resistance level 84.50, which reversed the previous waves (1) and B and was set as the buy target in our previous forecast for this currency pair. The breakout of the resistance level 84.50 is likely to accelerate the active minor impulse wave 3, which belongs to the intermediate impulse (3) form the middle of May. AUD/JPY is expected to rise to the next buy target at the next resistance level 84.50 (top of the previous minor correction 2 and the target price for the completion of the active impulse wave 3).
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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