EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.9100 – Likely to rise to resistance level 1.9400 EURNZD currency pair recently reversed up from the pivotal support level 1.9100 (former strong resistance from March) standing close to the 20-day moving average and the 50% Fibonacci correction of the upward impulse from February. The upward […]
Microsoft: ⬇️ Sell – Microsoft falling inside impulse wave 5 – Likely to test support level 360.00 Microsoft continues to fall inside the minor impulse wave 5, which started recently from the key resistance level 392.50 (which also reversed the price at the end of March) standing close to the 50% Fibonacci correction of the […]
XAUUSD has broken above the upper channel boundary, signalling an end to the recent pullback. The current quote is 3,327 USD. Full analysis for 18 April 2025 below. XAUUSD forecast: key trading points Gold remains in demand amid uncertainty over US trade policy Central banks and private investors continue to accumulate gold Goldman Sachs forecasts […]
FOMC member Mary Daly’s upcoming speech could trigger a breakout in EURUSD toward the 1.1500 resistance level. Full analysis for 18 April 2025 below. EURUSD forecast: key trading points US markets are closed for a public holiday Spain’s Consumer Confidence Index: previous – 81.4 FOMC member Mary Daly to speak today EURUSD forecast for 18 […]
Johnson & Johnson: ⬆️ Buy – Johnson & Johnson rising inside weekly price range – Likely to test resistance level 165.60 Johnson & Johnson continues to rise in the primary upward impulse wave 3, which started earlier from the major support level 145.00 (lower border of the weekly sideways price range from 2023). The upward […]
NFLX: ⬆️ Buy – NFLX broke weekly down channel – Likely to rise to resistance level 1000.00 NFLX recently broke the resistance trendline of the weekly down channel from February, which enclosed the previous primary ABC correction 4, as can be seen below. The breakout of this down channel accelerated the active impulse wave 1, […]