Category: Technial Analysis
Jan
05
FTSE 100 index Wave Analysis – 4 January, 2022
• 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 […]
Jan
05
EURGBP Wave Analysis – 4 January, 2022
• 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 […]
