S&P 500: ⬆️ Buy – S&P 500 broke the resistance level 5900.00 – Likely to rise to resistance level 6100.00 S&P 500 index recently broke the resistance level 5900.00, the former support from January and February. The breakout of the resistance level 5900.00 should accelerate the active short-term impulse wave 3, which belongs to the […]
FTSE 100: ⬆️ Buy – FTSE 100 broke the resistance level 8650.00 – Likely to rise to resistance level 8800.00 The FTSE 100 index recently broke the resistance level 8650.00, which stopped the previous medium-term impulse wave (1) at the start of this month. The breakout of the resistance level 8650.00 should accelerate the active […]
A spike in US inflation may drive the EURUSD pair up to 1.1320. Discover more in our analysis for 16 May 2025. EURUSD forecast: key trading points Eurozone trade balance: previously at 24.0 billion, projected at 17.5 billion EUR US inflation expectations from the University of Michigan: previously at 6.5%, projected at 7.7% EURUSD forecast […]
Gold (XAUUSD) is trading around 3,218 USD on Friday. The week ends with a loss of around 3%, with the outlook remaining highly uncertain. Find out more in our analysis for 16 May 2025. XAUUSD forecast: key trading points Gold (XAUUSD) quotes are closing the week down by about 3% due to declining interest in […]
General Electric: ⬆️ Buy – General Electric broke resistance zone – Likely to rise to resistance level 240.00 General Electric recently broke the resistance zone between the key resistance level 212.00 (which stopped the previous waves 3 and b) and the resistance trendline of the weekly up channel from the end of 2023. The breakout […]
AT&T: ⬆️ Buy – AT&T reversed from support zone – Likely to rise to resistance level 28.35 AT&T recently reversed up with the daily Morning Star from the support zone between the key support level 26.00, 38.2% Fibonacci correction of the upward impulse from January and the lower daily Bollinger Band. The active impulse wave […]