Category: Technial Analysis
• Brent crude oil reversed from resistance level 95.00 • Likely to fall to support level 86.00 Brent crude oil recently reversed down from the resistance level 95.00 (which has been reversing the price from September), coinciding with the daily down channel from July, upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]
• EURNZD reversed from resistance level 1.7500 • Likely to fall to support level 1.7200 EURNZD recently reversed down from the key resistance level 1.7500 (top of the sideways price range inside which the pair has been trading from the end of last month), intersecting with the upper daily Bollinger Band. The downward reversal from […]
EURUSD, “Euro vs US Dollar” EURUSD has formed a consolidation range around 0.9790 and continues to correct to 0.9873. After this level has been reached, the downside link to the level of 0.9790 is not excluded (test from above). Next, consider the likelihood of another upside structure to 0.9950. GBPUSD, “Great Britain Pound vs US […]
• S&P 500 reversed from key support level 3570.00 • Likely to rise to resistance level 3800.00 S&P 500 index recently reversed up with the daily Bullish Engulfing from the key support level 3570.00 (which stopped the price at the start of October) standing near the lower daily Bollinger Band. The upward reversal from the […]
• AUDJPY reversed from key support level 91.00 • Likely to rise to resistance level 94.70 AUDJPY currency pair recently reversed up with the daily hammer from the key support level 91.00 (which has been reversing the price from the middle of May) standing near the lower daily Bollinger Band, support trendline of the daily […]
The Australian dollar remains in a weak position against the US dollar, although it is trying to bounce back. The current quote in the AUDUSD is 0.6308. Relations with China are coming to the fore for Australia. The Prime Minister said today that Australia should cooperate with China wherever possible. China has cancelled its planned […]
The British pound sterling has stabilised against the US dollar. The current quote in GBPUSD is 1.1343. The political news stream in the UK is brimming with events and emotions, but at the moment the pound is “not paying attention”. The “focus” is the Bank of England and what is happening with it: investors are […]
• Silver reversed from support level 18.15 • Likely to rise to resistance level 19.50 Silver recently reversed up from the strong support level 18.15 (which has been repeatedly reversing the price from the middle of July) standing near the lower daily Bollinger Band. The upward reversal from the support level 18.15 started the active […]
• EURJPY broke key resistance level 144.00 • Likely to rise to resistance level 148.00 EURJPY recently broke above the key resistance level 144.00 (which has been steadily reversing the pair from the start of June). The breakout of the resistance level 144.00 accelerated the active short-term impulse wave (iii), which belongs to the higher […]
BTC is trying to form a directional move, but not particularly effectively. On Monday, the major cryptocurrency returned to USD 19262. In fact, there is no way to break away from the strong support area of USD 18,000-19,000. This zone keeps the flagship cryptocurrency from strong bearish pressure, but at the same time prevents it […]