Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
EUR/AUD reversed from support area
- EUR/AUD reversed from support area
- Next buy target - 1.5870
EUR/AUD recently reversed up from the support area lying between the key support level 1.5600, 50% Fibonacci correction of the upward impulse 1 from June and the lower daily Bollinger Band. The upward reversal from this support area started the active impulse wave 3. EUR/AUD is expected to rise further toward the next buy target at the next resistance level 1.5870 (top of the earlier impulse wave 1).
Dmitry Chernovolov
Similar
USDJPY is in a correction after checking the local support level.
The US dollar is currently in a correction, but is likely to continue the trend down.
The USD/CAD on a bullish reversal
The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
Latest news
GBP/CAD is insatiable
GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.
EUR/NZD: the short-term downtrend
EUR/NZD has been descending since the middle of October when it recoiled down from the resistance line connecting 2015 and 2018 highs.
Platinum is to drop soon
Platinum is likely to bounce back down after it reaches the local resistance level.
Deposit with your local payment systems
