News
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 […]
Platinum: ⬆️ Buy – Platinum broke resistance zone – Platinum to rise to resistance level 1350.00 Platinum continues to rise strongly after the recent breakout of the resistance zone between the key resistance level 1200.00 and the resistance trendline of the accelerated up-channel from May. Platinum previously broke another up channel from April – which […]
EURCHF: ⬇️ Sell – EURCHF reversed from the resistance zone – Likely to fall to support level 0.9300 EURCHF currency pair recently reversed down from the resistance zone between the key resistance level 0.9410 (which has been reversing the price from April), the upper daily Bollinger Band and the 50% Fibonacci correction of the downward […]