Tag: fxpro
• AUDUSD broke key support level 0.6500 • Likely to fall to support level 0.6300 AUDUSD currency pair recently broke the key support level 0.6500 coinciding with the support trendline of the wide down channel from the middle of April. The breakout of the support level 0.6500 accelerated the active short-term impulse waves iii and […]
• USDJPY reversed from key support level 142.00• Likely to rise to resistance level 148.00 USDJPY currency pair recently reversed up from the key support level 142.00 (lower boundary of the sideways price range inside which the pair has been moving from the start fop September). The upward reversal from the support level 142.00 started […]
• USDCAD rising inside impulse wave (3) • Likely to reach resistance level 1.3760 USDCAD currency pair continues to rise inside the sharp intermediate impulse wave (3), which previously broke the two intersecting up channels from April and August. The pair is under the bullish pressure due to the simultaneous strong bullish USD sentiment and […]
• EURUSD broke key support level 0.9900 • Likely to fall to support level 0.9700 EURUSD continues to fall after the earlier breakout of the key support level 0.9900 (which stopped the previous downward impulses (iii) and (i), as can be seen below). The breakout of the support level 0.9900 accelerated the active short-term impulse […]
• WTI broke key support 81.25 • Likely to fall to support level 75.00 WTI crude oil falling after the price broke the key support level 81.25 (which previously formed the daily Hammer in January and also the daily Morning Star at the start of September). The breakout of the support level 81.25 coincided with […]
• GBPUSD under strong bearish pressure • Likely to fall to support level 1.0800 GBPUSD under the strong bearish pressure after the pair broke the key support level 1.1400 (which stopped the previous downward impulse wave (iii) at the start of September). The breakout of the support level 1.1400 led to the latest breakout of […]
• CHFJPY reversed from resistance zone • Likely to fall to support level 144.00 CHFJPY recently reversed down sharply from the resistance zone located between the round resistance level 150.00 (which formed the daily Evening Start patter at the start of this month) and the upper daily Bollinger Band. The downward reversal from the resistance […]
• EUR50 reversed from support area • Likely to rise to resistance level 3535.0 EUR50 index recently reversed up from the support area located between the long-term support level 3420.00 (which stopped all previous downward impulses from March) and the lower daily Bollinger Band. The upward reversal from this support area stopped the C-wave of […]
• GBPJPY reversed from support area • Likely to rise to resistance level 163.00 GBPJPY currency pair recently reversed up from the support area located between the major support level 160.25 (which has been reversing the pair from the middle of June), 61.8% Fibonacci correction of the upward impulse from May and the lower daily […]
• USDJPY rising inside impulse waves (v) and 3• Likely to test resistance level 148.00 USDJPY currency pair continues to rise in the direction of the resistance level 145.00 (top boundary of the narrow sideways price range inside which the pair has been moving from the start fop September). The lower boundary of this price […]
