Category: Technial Analysis

• Nasdaq 100 reversed from pivotal support 10650.00 • Likely to rise to resistance level 11585.00 Nasdaq 100 index recently reversed up from the pivotal support 10650.00 (which stopped wave 5 in the middle of October) – standing near the lower daily Bollinger Band. Upward reversal from the key support 10650.00 created the daily candlesticks […]

• EURCAD reversed from key support 1.3280 • Likely to rise to resistance level 1.3520 EURCAD under the bullish pressure after the earlier upward reversal from the key support 1.3280 (former strong resistance from July and August) – standing near the lower daily Bollinger Band. Upward reversal from the key support 1.3280 created the daily […]

Bitcoin broke the level of 21000. Currently, the asset is consolidating. Bitcoin is likely to pull away from the broken level of 21000 and target the level of 22500 next. Having formed a bullish flag, Brent oil has jumped. The asset is about to face resistance at the level of 102.50. Oil might pull back […]

The BTC is correcting after preceding growth, on Monday balancing near 20,723 USD. Earlier the BTC rose to 21,258 USD. The rally – and for the crypto that had long been lingering to a narrow range this was a real rally – was based on rather good labour market statistics from the US. On Friday, […]

The market major starts the new week neutrally. The current quote is 0.9950. The statistics issued in the US on Friday turned out quite ambiguous. The unemployment rate in October grew to 3.7%, while a month ago it was 3.5%. The forecast had suggested growth to 3.6%. The NFP grew by 261 thousand against the […]

• USDCHF reversed from the resistance level 1.0145 • Likely to fall to support level 0.9845 USDCHF currency pair recently reversed down from the key resistance level 1.0145 (which stopped the earlier impulse wave (v)). The resistance level 1.0145 was strengthened by the upper daily Bollinger Band and by the resistance trendline of the daily […]

• Copper under bullish pressure • Likely to rise to resistance level 8200.00 Copper under the bullish pressure after the earlier breakout of the resistance trendline of the daily Triangle from July. The breakout of the Triangle accelerated the active short-term impulse wave (c)  – which belongs to the ABC correction 2 from the end […]

• Gold reversed from strong support level 1625.00 • Likely to rise to resistance level 1700.00 Gold recently reversed up from the strong support level 1625.00 (which has been reversing the price from the end of September) – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1625.00 started the […]

Der gestrige Handelstag war mit Blick auf die Indices geprägt von den Nachwirkungen der FED-Sitzung am Mittwoch. Hinzu kam eine ganze Menge schlechter Unternehmensnachrichten. Der Heutigen Handelstag steht nun ganz unter dem Zeichen des US-Arbeitsmarktberichtes. Positive Zahlen haben das Potential die Indices zurück in den Rallymodus zu bringen. Bei einem schlechten Arbeitsmarktbericht hingegen dürfte es […]

EURUSD, “Euro vs US Dollar” The pair has secured under the resistance level and is going under the Ichimoku Cloud, which indicates a downtrend. A test of the lower border of the Cloud is expected at 0.9885, followed by falling to 0.9605. An additional signal confirming the decline will be a bounce off the upper […]