Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are supported by Cloud, Tenkan-sen and Kijun-sen and a market is ready to go higher.
EUR/CHF rising inside intermediate impulse wave (iii)
- EUR/CHF rising inside intermediate impulse wave (iii)
- Next buy target - 1.1800
EUR/CHF continues to rise inside the minor impulse wave (iii) which recently broke through the strong resistance level 1.1700 (which has been reversing the price from the end of October, as can be seen from the daily EUR/CHF chart below). The breakout of the resistance level 1.1700 accelerated the active impulse waves (iii) and 5. EUR/CHF is expected to rise toward the next buy target at the next resistance level 1.1800.
USD/JPY has posted slight gains in the first half of past week as political tumult over Trump's obstruction of justice subsided…
Recommendations: BUY 0…
There's a "Shooting Star", which has been confirmed. So, the 34 Moving Average is likely going to act as support...