GBP/CHF: testing the resistance
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
GBP/JPY: 'Double Top' pattern
Information is not investment advice
Bulls faced resistance at 148.867, so there's a 'Double Top' pattern. At the same time, it's likely that there's a developing 'Pennant' pattern. If so, the price is going to test the nearest support at 147.009 - 145.595. The subsequent pullback from these levels could lead to another bullish rally towards the next resistance at 148.562 - 148.867.
Sergey Logachev
Similar
Gold is testing the November high
The bearish bias appears to start losing power. The market reversal upwards is still to be confirmed.
NZD/CAD rises to the August resistance
NZDCAD has been rising today, a bearish reversal possible soon
Popular
Emerging markets: will they finally recover?
What will happen to the emerging markets in 2020.
GBP/CHF: testing the resistance
A local flirting with the resistance or a serious intention to break through? We will examine the price action of GBP against CHF on high timeframes to answer this question.
XAU/USD: levels to trade
XAU/USD ran into the resistance of the 50-day MA in the 1,481.65 area. Learn more!
Choose your payment system
