Tag: fxpro
Platinum: ⬆️ Buy – Platinum broke the resistance level 1005.00 – Likely to rise to resistance level 1080.00 Platinum recently broke the resistance level 1005.00, former monthly high from February and March, as can be seen from the daily Platinum chart below. The breakout of the resistance level 1005.00 increased the bullish pressure on Platinum. […]
Costco: ⬆️ Buy – Costco broke resistance level 1020.00 – Likely to rise to resistance level 1080.00 Costco recently broke the resistance level 1020.00, which stopped the previous waves 1 and (b), as can be seen from the daily Costco chart below. The breakout of the resistance level 1020.00 accelerated the active impulse waves 3 and (3). […]
EURUSD: ⬆️ Buy – EURUSD broke daily down channel – Likely to rise to resistance level 1.1370 EURUSD currency pair continues to rise inside the minor impulse wave (3), which started earlier from the strong support level 1.1130 intersecting with the support trendline of the daily down channel from April. The support level 1.1130 was strengthened by […]
Silver: ⬆️ Buy – Silver reversed from support level 31.70 – Likely to rise to resistance level 33.50 Silver recently reversed from the pivotal support level 31.70 (which stopped the previous minor wave a at the end of April, as can be seen from the daily Silver chart below). The support level 31.70 was further strengthened by the […]
Adobe: ⬆️ Buy – Adobe broke resistance area – Likely to rise to resistance level 440.00 Adobe recently broke the resistance area between the resistance level 403.60 (which stopped the previous minor corrective wave iv) and the 50% Fibonacci correction of the downward impulse from February. The breakout of this resistance zone continues the active […]
Natural Gas: ⬇️ Sell – Natural Gas broke support zone – Likely to fall to support level 240.00 Natural Gas recently broke the support zone between the support level 3.600 (which stopped the previous wave B) and the 50% Fibonacci correction of the previous ABC correction (B) from April. The breakout of this support zone […]
DAX: ⬆️ Buy – DAX reversed from the support level 23320.00 – Likely to rise to resistance level 24500.00 DAX index recently reversed from the key support level 23320.00 (former double top from March, as can be seen from the daily DAX chart below). The upward reversal from the support level 23320.00 started the active minor […]
Merck: ⬆️ Buy – Merck reversed from support area – Likely to rise to resistance level 80.00 Merck recently reversed up from the support area between the long-term support level 73.35 (which has been reversing the price from the middle of 2020) and the lower weekly Bollinger Band. The upward reversal from this support area created the […]
S&P 500: ⬆️ Buy – S&P 500 broke the resistance level 5900.00 – Likely to rise to resistance level 6100.00 S&P 500 index recently broke the resistance level 5900.00, the former support from January and February. The breakout of the resistance level 5900.00 should accelerate the active short-term impulse wave 3, which belongs to the […]
FTSE 100: ⬆️ Buy – FTSE 100 broke the resistance level 8650.00 – Likely to rise to resistance level 8800.00 The FTSE 100 index recently broke the resistance level 8650.00, which stopped the previous medium-term impulse wave (1) at the start of this month. The breakout of the resistance level 8650.00 should accelerate the active […]