Tag: fxpro

Nov 14
CADCHF Wave Analysis – 14 November, 2022

• CADCHF reversed from support level 0.7100 • Likely to rise to resistance level 0.7200 CADCHF recently reversed up from the key support level 0.7100 (which stopped the sharp downtrend in September), standing near the lower daily Bollinger Band. The upward reversal from the support level 0.7100 stopped the earlier short-term impulse wave 3. Given […]

Nov 11
USDCHF Wave Analysis – 11 November, 2022

• USDCHF broke support level 0.9735 • Likely to fall to support level 0.9475 USDCHF recently broke the key support level 0.9735 (low of the earlier short-term wave (iv) from the end of September) intersecting with the support trendline of the daily up channel from August. The breakout of the support level 0.9735 accelerated wave […]

Nov 11
AUDCAD Wave Analysis – 11 November, 2022

• AUDCAD broke the resistance level 0.8835 • Likely to rise to resistance level 0.8965 AUDCAD recently broke the resistance level 0.8835 (top of wave (a) from the end of October, former support from September). The breakout of the resistance level 0.8835 was preceded by the breakout of the resistance trendline of the weekly down […]

Nov 11
EURUSD Wave Analysis – 11 November, 2022

• EURUSD broke resistance level 1.0095 • Likely to rise to resistance level 1.0365 EURUSD recently broke the resistance level 1.0095 (which has been reversing the price from the start of September) intersecting with the 61.8% Fibonacci correction of the downward impulse from August. The breakout of the resistance level 1.0095 led to the subsequent […]

Nov 11
Gold Wave Analysis – 10 November, 2022

• Gold broke key resistance level 1725.00 • Likely to rise to resistance level 1765.00 Gold recently broke the key resistance level 1725.00 (previous monthly high from September and October). The breakout of the resistance level 1725.00 was preceded by the breakout of the daily down channel from the start of May – which accelerated […]

Nov 10
USDJPY Wave Analysis – 10 November, 2022

• USDJPY broke key support level 145.75 • Likely to fall to support level 140.00 USDJPY recently broke the key support level 145.75 (former monthly high from the middle of September) intersecting with the 50% Fibonacci correction of the upward impulse 5 from September. The breakout of the support level 145.75 accelerated wave (i) of […]

Nov 10
CADCHF Wave Analysis – 10 November, 2022

• CADCHF falling inside wave (2) • Likely to test support level 0.7200 CADCHF recently reversed down with the daily Shooting Star from major resistance level 0.7400 (former strong support from the end of August). The downward reversal from the resistance level 0.7400 started the active intermediate ABC correction (2). CADCHF can be expected to […]

Nov 10
WTI Wave Analysis – 9 November, 2022

• WTI reversed from resistance 92.25 • Likely to fall to support level 82.90 WTI crude oil recently reversed down from the pivotal resistance 92.25 (previous monthly high and top of wave A from October) – intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from June. The […]

Nov 10
AUDUSD Wave Analysis – 9 November, 2022

• AUDUSD reversed from resistance 0.6515 • Likely to fall to support level 0.6300 AUDUSD currency pair recently reversed down from the key resistance 0.6515 (which has been reversing the pair from the end of September) – standing near the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from August. […]

Nov 08
Natural gas Wave Analysis – 8 November, 2022

• Natural gas reversed from resistance area • Likely to fall to support level 0.6000 Natural gas recently reversed down from the resistance area set between the resistance level 7.285 (former monthly high from October), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from August. The downward reversal from the […]