GBP/CAD rising inside minor impulse wave 3 Next buy target - 1…
CHF/JPY reversed from support area
- CHF/JPY reversed from support area
- Next buy target - 112.30
CHF/JPY recently reversed up from the support area lying between the pivotal support level 111.00, 50-day moving average and the upper trendline of the recently broke down channel from March (acting as support after it was broken). The upward reversal from this support area continues the active medium-term impulse wave (3). CHF/JPY is expected to rise further toward the next buy target at the next resistance level 112.30 (top of wave 4 from April).
Recommendations: SELL 1282 SL 1297 TP1 1252 TP2 1244 TP3 1215 BUY 1308 SL 1293 TP1 1325 TP2 1335 TP2 1349 On the daily chart of XAU/USD, the 1282-1308 consolidation continues…
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; Dollar is going to positive area, but the market is overbought now.
USD/CAD rising inside minor impulse wave 3 Next buy targets - 1…