EUR/JPY broke support zone
EUR/JPY broke support zone Next sell target - 128…
CAD/CHF reversed from support zone
- CAD/CHF reversed from support zone
- Next buy target - 0.7800
CAD/CHF continues to rise after the recent upward reversal from the support zone lying between the major support level 0.7520 (which stopped the previous minor correction (iv) in the middle of July) and 38.2% Fibonacci correction of the previous sharp upward impulse 1 form the start of June. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Piercing Line. CAD/CHF is expected to rise to next buy target at the next resistance level 0.7800.
Dmitry Chernovolov
Similar
GBP/JPY broke key support level 147.30
GBP/JPY broke key support level 147…
GBP/CAD targeting lower levels
It seems the GBP/CAD looks forward to resume the bearish bias in the short-term, as it has been correcting the cycle started from May 18th and now, we can expect another leg higher to re-test the Fibonacci level of 50% at 1…
Popular
AUD/USD: bulls cant breaking out SSB’s resistance
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.
Morning brief for June 2
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
Highlights of the ECB meeting and press conference.
The European Central Banks left its key interest rates…
Deposit with your local payment systems
