The pair is following a bullish structure since March 1st lows and it’s on the way to duplicate a cycle towards the 100% Fibonacci extension at 1…
Daily Market Analysis
GBP/CHF reversed from support zone Next buy target - 0…
The main bearish target is the lower "Window". If a pullback from this level happens, we could have an upward correction...
There's an opportunity to have a local correction towards the nearest support in the short term...
There's an opportunity to have a downward correction towards the closest support area at 1.3816 - 1.3799 in the short term...
It's likely that the market is going to continue moving up towards the next resistance at 1.2474 - 1.2509...
Recommendation: SELL 1…
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; a market reached the resistance of the Cloud’s bottom border.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are in the positive area, but there is a strong resistance on 1.2450.
Recommendation: SELL 0…
NZD/CHF reversed from the powerful support level 0…
AUD/CAD continues to trade in a bullish pattern formation at H1 chart, after having found a strong resistance near 1…