Tag: fxpro
Trip: ⬆️ Buy – Trip broke daily down channel – Likely to rise to resistance level 14.50 Trip recently broke the resistance trendline of the daily down channel from the start of May (inside which the price has been falling in the last few weeks). The breakout of this down channel accelerated the active short-term […]
Dow Jones: ⬆️ Buy – Dow Jones broke the resistance zone – Likely to rise to resistance level 45000.00 Dow Jones index recently broke the resistance zone located at the intersection of the resistance level 44000.00 (former top of wave iv from March) and the resistance trendline of the daily up channel from May. The […]
In this week’s episode of Pro News Weekly, we’re breaking down what’s really driving the markets right now — and why investors are reacting the way they are. The US dollar is sliding to its lowest level in three years, even as stock indices like the S&P 500 and Nasdaq hit new record highs. What’s […]
USDCHF: ⬇️ Sell – USDCHF falling inside a minor impulse wave – Likely to fall to support level 0.7900 USDCHF currency pair is falling strongly inside the minor impulse wave 3, which recently broke the daily down channel from the start of May. The breakout of this down channel follows the earlier breakout of the […]
Gold: ⬆️ Buy – Gold reversed from support level 3250.00 – Likely to rise to resistance level 3400.00 Gold recently reversed up from the support level 3250.00 (which stopped wave (b) at the end of May, as can be seen from the daily Gold chart below) intersecting with the lower daily Bollinger Band and the […]
CHFJPY: ⬆️ Buy – CHFJPY broke long-term resistance level 180.00 – Likely to rise to resistance level 185.00 CHFJPY currency pair continues to rise after the pair broke above the long-term resistance level 180.00 (former yearly high from the middle of last year). The breakout of this resistance level should accelerate the active impulse wave […]
Apple: ⬆️ Buy – Apple broke resistance zone – Likely to rise to resistance level 213.40 Apple recently broke the resistance zone between the resistance level 203.00 (which has been reversing the price from the start of June) and the resistance trendline of the daily Triangle from March. The breakout of this resistance zone should […]
FTSE 100: ⬆️ Buy – FTSE 100 reversed from support level 8700.00 – Likely to rise to resistance level 8900.00 FTSE 100 index recently reversed up from the support level 8700.00 (which stopped wave 4 at the end of May, as can be seen from the daily FTSE 100 chart below) intersecting with the lower […]
Dow Jones: ⬆️ Buy – Dow Jones broke pivotal resistance level 43000.00 – Likely to rise to resistance level 44500.00 Dow Jones index recently broke above the pivotal resistance level 43000.00 (which has been reversing the price from the end of March, as can be seen from the daily Dow Jones chart below). The breakout […]
Palladium: ⬆️ Buy Palladium broke resistance level 1100.00 Likely to rise to resistance level 1200.00 Palladium recently broke the resistance zone between the resistance level 1100.00, resistance trendline of the daily up channel from April and the 61.8% Fibonacci correction of the downtrend from October. The breakout of this resistance zone accelerated the active minor […]
