Tag: fxpro
USDJPY: ⬆️ Buy – USDJPY broke resistance zone – Likely rise to resistance level 152.00 USDJPY currency pair recently broke the resistance zone located between the resistance level 148.85 (which stopped earlier waves A and i) and the 50% Fibonacci correction of the downward impulse from January. The breakout of this resistance zone accelerated the active […]
EURJPY: ⬇️ Sell – EURJPY reversed from the resistance zone – Likely fall to support level 169.60 EURJPY currency pair recently reversed down from the resistance zone between the resistance level 174.00, the upper daily Bollinger Band and the resistance trendline of the daily up channel from February. The downward reversal from this resistance zone […]
Gold: ⬇️ Sell – Gold falling inside wave b – Likely fall to support level 3250.00 Gold is under bearish pressure after the price broke the two upward-sloping support trendlines from May and February. The breakout of these support trendlines accelerated the active short-term correction b – which belongs to the impulse wave 3 from […]
Comcast: ⬇️ Sell – Comcast broke the support zone – Likely fall to support level 31.45 Comcast recently broke the support zone located between the support level 34.00 (which has been reversing the price from the start of May) and the 50% Fibonacci correction of the upward wave A from April. The breakout of this support zone […]
EURUSD: ⬇️ Sell – EURUSD falling inside accelerated impulse wave c – Likely fall to support level 1.1200 EURUSD currency pair recently broke the support trendline from February, coinciding with the 38.2% Fibonacci correction of the upward impulse 1 from May. The breakout of these support levels accelerated the active impulse wave c, which then […]
EURGBP: ⬇️ Sell – EURGBP reversed from the resistance zone – Likely fall to support level 0.8635 EURGBP currency pair recently reversed down from the resistance zone between the multi-month resistance level 0.8735 (which stopped sharp wave (A) in April) and the upper daily Bollinger Band. The downward reversal from this resistance zone created the daily […]
Dow Jones: ⬇️ Sell – Dow Jones reversed from the long-term resistance level 45000.00 – Likely fall to support level 44000.00 Dow Jones index recently reversed down from the resistance zone between the long-term resistance level 45000.00 (which has been reversing the price from the end of 2024) and the upper daily Bollinger Band. The downward […]
Trump: ⬇️ Sell – Trump falling inside the sideways price range – Likely fall to support level 8.4380 Trump cryptocurrency continues to fall inside the sideways price range, which has contained price action from the start of June. The earlier downward reversal from the upper boundary of this price range 11.00 formed the daily Japanese candlesticks […]
Nikkei 225: ⬇️ Sell – Nikkei 225 reversed from the resistance zone – Likely fall to support level 40000.00 Nikkei 225 index recently reversed from the resistance zone between the resistance levels 42000.00 (which started the sharp sell-off in 2024) and 41285.00. This resistance zone was further strengthened by the upper daily and the weekly Bollinger […]
EURUSD: ⬇️ Sell – EURUSD reversed from the resistance level 1.1775 – Likely to fall to support levels 1.1555 and 1.1460 EURUSD recently reversed down from the resistance zone between the resistance level 1.1775 (which stopped the previous impulse wave 3 at the start of July, as can be seen below) and the upper daily […]