Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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• Apple reversed from resistance zone • Likely to fall to support level 176.85 Apple recently reversed down from the resistance zone lying at the intersection of the key resistance level 181.60(which stopped the previous intermediate impulse wave (3)) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier […]
• EURCHF reversed from support zone • Likely to rise to resistance level 1.040 EURCHF currency pair recently reversed up from the support zone lying at the intersection of the key support level 1.0335 (which stopped the previous minor impulse wave 1) and the lower daily Bollinger Band. The upward reversal from this support zone […]
• FTSE 100 broke key resistance level 7500.00 • Likely to rise to resistance level 7600.00 FTSE 100 index recently broke above the key resistance level 7500.00 – which accelerated the active impulse waves 3 and (3). The index earlier reversed up from the key support level 7400.00, former resistance level which has been repeatedly […]
• EURGBP broke support zone • Likely to fall to support level 0.8300 EURGBP currency pair recently broke the support zone lying at the intersection of the support level 0.8400 (previous monthly low from November) and the support trendline of the daily down channel from April. The breakout of this support zone accelerated the active […]