Tag: fxpro

Nov 18
WTI Wave Analysis – 18 November, 2022

• WTI broke key support level 82.90 • Likely to fall to support level 76.30 WTI recently broke the key support level 82.90 (which stopped the previous wave (B) from the middle of October), intersecting with the 61.8% Fibonacci correction of the upward ABC correction (B) from September. The breakout of the support level 82.90 […]

Nov 18
Amazon Wave Analysis – 18 November, 2022

• Amazon reversed from key resistance level 103.20 • Likely to fall to support level 86.70 Amazon recently reversed down from the key resistance level 103.20 (former strong support from May and June), intersecting with the 20-day moving average and the 50% Fibonacci correction of the downward impulse from October. The downward reversal from the […]

Nov 18
France 120 Wave Analysis – 17 November, 2022

• France 120 reversed from resistance level 5100.00 • Likely to fall to support level 5000.00 France 120 index recently reversed down from the pivotal resistance level 5100.00 (which has been stopping the index from the end of March) intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse […]

Nov 17
Platinum Wave Analysis – 17 November, 2022

• Platinum reversed from resistance level 1030.00 • Likely to fall to support level 960.00 Platinum recently reversed down from the key resistance level 1030.00 (previous multi-month high from June) intersecting with the upper daily Bollinger Band and the resistance trendline of the daily up channel from September. The downward reversal from the resistance level […]

Nov 17
USDCHF Wave Analysis – 17 November, 2022

• USDCHF reversed from support level 0.9400 • Likely to rise to resistance level 0.9600 USDCHF currency pair recently reversed up from the key support level 0.9400 (previous multi-month low from August, which stopped wave (A)) standing below the lower daily Bollinger Band. The upward reversal from the support level 0.9400 stopped the earlier medium-term […]

Nov 16
USDCAD Wave Analysis – 16 November, 2022

• USDCAD reversed from support level 1.3215 • Likely to fall to resistance level 1.3400 USDCAD recently reversed up from the key support level 1.3215 (previous monthly high from the start of July), lower daily Bollinger Band, intersecting with the 38.2% Fibonacci correction of the downward impulse from October. The upward reversal from the support […]

Nov 16
Tesla Wave Analysis – 16 November, 2022

• Tesla reversed from resistance level 200.00 • Likely to fall to support level 180.00 Tesla recently reversed down from the round resistance level 200.00 (previous monthly low from the middle of October), intersecting with the 38.2% Fibonacci correction of the downward impulse from October. The downward reversal from the resistance level 200.00 continues the […]

Nov 15
USDCHF Wave Analysis – 15 November, 2022

• USDCHF reversed up from support level 0.9380 • Likely to rise to resistance level 0.9485 USDCHF recently reversed up from the support level 0.9380 (former multi-month low from the start of August) standing below the lower daily Bollinger Band. The upward reversal from the support level 0.9380 stopped the earlier short-term impulse wave (iii) […]

Nov 15
Moderna Wave Analysis – 15 November, 2022

• Moderna broke resistance level 180.00 • Likely to rise to resistance level 197.15 Moderna recently broke the resistance level 180.00 (top of the previous minor correction 2 from the middle of August). The breakout of the resistance level 180.00 accelerated the active short-term impulse wave C of the ABC correction (2) from the end […]

Nov 14
CADJPY Wave Analysis – 14 November, 2022

• CADJPY reversed from support level 104.90 • Likely to rise to resistance level 107.25 CADJPY reversed up from the key support level 104.90 (which has been reversing the price from August), 50% Fibonacci correction of the upward impulse form May, standing near the lower daily Bollinger Band. The upward reversal from the support level […]