Day: June 13, 2025
Gold: ⬆️ Buy – Gold recently broke resistance level 3400.00 – Likely to rise to resistance level 3500.00 Gold recently broke the resistance level 3400.00 coinciding with the resistance trendline of the daily Triangle from April. The breakup of the resistance level 3400.00 accelerated the active impulse wave 3 of the intermediate impulse wave (5) […]
EURUSD: ⬇️ Sell – EURUSD reversed from the resistance level 1.1575 – Likely to fall to support level 1.1400 EURUSD currency pair recently reversed down from the resistance level 1.1575, which stopped the previous sharp impulse wave (1) in the middle of April. The resistance zone near the resistance level 1.1575 was strengthened by the […]
USDCAD: ⬇️ Sell – USDCAD broke key support level 1.3630 – Likely to fall to support level 1.3500 USDCAD currency pair recently broke the key support level 1.3630, which previously formed the daily Hammer reversal pattern at the start of June. The breakout of the support level 1.3630 should accelerate the active impulse wave C […]
USDCHF: ⬇️ Sell – USDCHF broke support level 0.8170 – Likely to fall to support level 0.8050 USDCHF currency pair recently broke the key support level 0.8170, which stopped the previous waves B and 1, as can be seen below. The breakout of the support level 0.8170 coincided with the breakout of the daily Descending […]
