Tag: fxpro

May 08
EURNZD Wave Analysis – 7 May 2025

EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.8845 – Likely to rise to resistance level 1.9200 EURNZD currency pair recently reversed from the support level 1.8845 intersecting with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February. The upward reversal from the support level 1.8845 stopped […]

May 08
AUDCHF Wave Analysis – 7 May 2025

AUDCHF: ⬇️ Sell – AUDCHF reversed from resistance zone – Likely to fall to support level 0.5235 AUDCHF currency pair recently reversed down from the resistance area between the major resistance level 0.5375 (former multi-month low from last August), the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from February. […]

May 07
NZDUSD Wave Analysis – 7 May 2025

NZDUSD: ⬇️ Sell – NZDUSD reversed from the resistance zone – Likely to fall to support level 0.5900 NZDUSD currency pair recently reversed down from the resistance zone between the key resistance level 0.6020 (which has been reversing the price from November), the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward […]

May 07
EURAUD Wave Analysis – 7 May 2025

EURAUD: ⬆️ Buy – EURAUD reversed from the support zone – Likely to rise to resistance level 1.7700 EURAUD currency pair recently reversed from the support zone between the support level 1.7415 (former resistance from the start of March), the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from February. […]

May 07
Gold Wave Analysis – 6 May 2025

Gold: ⬆️ Buy – Gold reversed from support level 3270,00 – Likely to rise to resistance level 3500.00 Gold recently reversed up the support area between the support level 3270,00 (low of the previous correction a), 20–day moving average and the 50% Fibonacci correction of the upward impulse 5 from April. The upward reversal from […]

May 07
USDJPY Wave Analysis – 6 May 2025

USDJPY: ⬇️ Sell – USDJPY reversed from resistance zone – Likely to fall to support level 140.00 USDJPY currency pair recently reversed from the resistance zone between the resistance level 146.00 (former strong support from March) and the 50% Fibonacci correction of the previous downward impulse from March. The downward reversal from this resistance zone […]

May 07
DAX Wave Analysis – 6 May 2025

DAX: ⬇️ Sell – DAX reversed from key resistance level 23435,00 – Likely to fall to support level 22700.00 DAX index recently reversed down from the key resistance level 23435,00 (which stopped the previous impulse wave (1) in the middle of March). The resistance level 23435,00 was further strengthened by the upper daily Bollinger Band. […]

May 07
Verizon Wave Analysis – 6 May 2025

Verizon: ⬆️ Buy – Verizon broke daily Triangle – Likely to rise to resistance level 44.80 Verizon recently broke the resistance trendline of the daily Triangle from the start of April (which has enclosed the previous waves B, i and ii). The breakout of this Triangle should accelerate the active impulse wave iii, which belongs to the […]

May 06
Brent Crude Oil Wave Analysis – 5 May 2025

Brent crude oil: ⬆️ Buy – Brent crude oil reversed from support zone – Likely to rise to resistance level 62.00 Brent crude oil recently reversed up sharply from the support zone between the key support level 58.60 (which stopped the previous sharp impulse wave i) and the lower daily Bollinger Band. The upward reversal […]

May 06
CHFJPY Wave Analysis – 5 May 2025

CHFJPY: ⬇️ Sell – CHFJPY reversed from the resistance zone – Likely to fall to support level 174.00 CHFJPY currency pair recently reversed down from the resistance zone between the pivotal resistance level 175.85 (which has been steadily reversing the price from November) and the upper daily Bollinger Band. The downward reversal from this resistance zone […]