Tag: fxpro

EURUSD: ⬇️ Sell – EURUSD reversed from the resistance level 1.1575 – Likely to fall to support level 1.1400 EURUSD currency pair recently reversed down from the resistance level 1.1575, which stopped the previous sharp impulse wave (1) in the middle of April. The resistance zone near the resistance level 1.1575 was strengthened by the […]

USDCAD: ⬇️ Sell – USDCAD broke key support level 1.3630 – Likely to fall to support level 1.3500 USDCAD currency pair recently broke the key support level 1.3630, which previously formed the daily Hammer reversal pattern at the start of June. The breakout of the support level 1.3630 should accelerate the active impulse wave C […]

USDCHF: ⬇️ Sell – USDCHF broke support level 0.8170 – Likely to fall to support level 0.8050 USDCHF currency pair recently broke the key support level 0.8170, which stopped the previous waves B and 1, as can be seen below. The breakout of the support level 0.8170 coincided with the breakout of the daily Descending […]

Platinum: ⬆️ Buy – Platinum broke resistance zone – Platinum to rise to resistance level 1350.00 Platinum continues to rise strongly after the recent breakout of the resistance zone between the key resistance level 1200.00 and the resistance trendline of the accelerated up-channel from May. Platinum previously broke another up channel from April – which […]

EURCHF: ⬇️ Sell – EURCHF reversed from the resistance zone – Likely to fall to support level 0.9300 EURCHF currency pair recently reversed down from the resistance zone between the key resistance level 0.9410 (which has been reversing the price from April), the upper daily Bollinger Band and the 50% Fibonacci correction of the downward […]

Cisco: ⬇️ Sell – Cisco reversed from the key resistance level 65.60 – Likely to fall to support level 62.20 Cisco recently reversed down from the key resistance level 65.60 (which has been reversing the price from the start of February). The downward reversal from the resistance level 65.60 created the daily Japanese candlesticks reversal […]

IBM: ⬆️ Buy – IBM broke key resistance level 270.00 – Likely to rise to the resistance level 290.00 IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May). The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the intermediate impulse […]

Nikkei 225: ⬆️ Buy – Nikkei 225 broke the resistance area – Likely to rise to the resistance level 39500.00 The Nikkei 225 index recently broke the resistance area lying at the intersection of the resistance level 38340.00 (top of wave A from the end of May) and the resistance trendline from January. The breakout […]

EURJPY: ⬆️ Buy – EURJPY broke the key resistance level 165.00 – Likely to rise to the resistance level 168.00 EURJPY currency pair recently broke the key resistance level 165.00 (which has been steadily reversing the pair from the start of November, as can be seen from the daily EURJPY chart below). The breakout of […]

Natural Gas: ⬇️ Sell – Natural Gas reversed from key resistance level 3.80 – Likely to fall to support level 3.50 Natural Gas recently reversed down from the pivotal resistance level 3.80 (which is the upper border of the narrow sideways price range inside which the price has been trading from May). The downward reversal […]