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USDCHF reversed from key resistance level 0.9200 Likely to fall to support level 0.9000 USDCHF currency pair recently reversed down once again from the from the key resistance level 0.9200, which has been steadily reversing the pair from the end of 2023. The resistance zone near the resistance level 0.9200 was strengthened by the upper […]

The post USDCHF Wave Analysis appeared first on Action Forex.

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28/10/2024

EUR/USD Still At Risk of More Downsides Below 1.0750

Key Highlights EUR/USD declined further below the 1.0820 support. It attempted a recovery wave above a connecting bearish trend line with resistance at 1.0810 on the 4-hour chart. Gold prices could soon gain pace to climb above the $2,760 resistance. Bitcoin eyes upsides above the $68,500 resistance zone. EUR/USD Technical Analysis The Euro remained in […]
06/03/2024

Market Analysis: EUR/USD Eyes More Gains, USD/CHF Could Rally

EUR/USD started a fresh increase above the 1.0828 resistance. USD/CHF declined and now struggling below the 0.8860 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro rallied after it broke the 1.0828 resistance against the US Dollar. There is a connecting bullish trend line forming with support near 1.0845 on the hourly chart […]
11/11/2024

Altcoins Acceleration Amid Bitcoin’s New Heights

Market Picture The crypto market capitalisation has reached $2.75 trillion, approaching the peak of $2.77 trillion reached in March this year. The next target for the crypto bulls looks to be the historical highs at $2.86 trillion and possibly even the next round level of $3.0 trillion. Bitcoin has broken the upper boundary of the […]