EURUSD reversed
sharply lower yesterday from 1.3200, clearly in impulsive fashion beneath
rising trend-line from 1.2745 and as well as wave B) swing low. This is a very
clear bearish price action that should send prices even lower in minimum three
waves, possibly to 1.2900/1.2950 in the next few trading days. Meanwhile pair
must not get back above 1.3200 critical level but could see a pull-back to
1.3110 where broken trend-line may become a resistance.
Stokcs, Metals, Energy, Forex, Crypto
USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
-
Pivot: 87.65 Our preference: LONG positions above 87.65 with targets @ 89.6 & 90.8. Alternative scenario: The downside penetration ...
-
Agriculture Development Bank #ADBL fell towards Rs 283 from the life time high of Rs 536 in 3 waves which indicates ABC wave as per Elliott ...
-
5.713 is our pivot point. Our preference: as long as 5.713 is support look for 5.745. Alternative scenario: the downside breakout of 5....
