Tag: fxpro
AUDUSD: ⬇️ Sell – AUDUSD reversed from the key resistance level 0.6400 – Likely to fall to support level 0.6300 AUDUSD currency pair recently reversed from the resistance area between the key resistance level 0.6400 (former major support from 2024) and the 50% Fibonacci correction of the downward impulse from September. The downward reversal from […]
Market Overview The crypto market has gained around 2% over the past seven days, with most of the increase coming at the start of this week. With a market capitalisation of $2.76 trillion, the crypto market has reached the upper boundary of its April range. For now, it can be noted that the market managed […]
EURUSD: ⬆️ Buy – EURUSD broke the resistance area – Likely to test resistance level 1.1600 EURUSD currency pair recently broke the resistance area between the resistance trendline of the daily up channel from the end of February and the resistance level 1.1465 (which stopped the previous impulse wave i). The breakout of this area […]
USDJPY: ⬇️ Sell – USDJPY broke support area – Likely to fall to support level 139.55 The USDJPY currency pair recently broke the support area at the intersection of the support trendline of the daily down channel from January and the support level 142.00 (which started the daily uptrend in September). The breakout of this […]
Nike: ⬆️ Buy – Nike reversed from the long-term support level 52.60 – Likely to rise to resistance level 60.00 Nike recently reversed from the strong support area between the long-term support level 52.60 (which has been reversing the price since 2012) and the lower monthly Bollinger Band. This support area was strengthened by the […]
Natural gas: ⬇️ Sell Natural gas broke support area Likely to fall to support level 3.0000 Natural gas recently broke the support area between the support trendline of the weekly up-channel from last August, support level 3.4 and the 50% Fibonacci correction of the daily uptrend from August. The breakout of this support area accelerated […]
EURNZD: ⬆️ Buy – EURNZD reversed from support level 1.9100 – Likely to rise to resistance level 1.9400 EURNZD currency pair recently reversed up from the pivotal support level 1.9100 (former strong resistance from March) standing close to the 20-day moving average and the 50% Fibonacci correction of the upward impulse from February. The upward […]
Microsoft: ⬇️ Sell – Microsoft falling inside impulse wave 5 – Likely to test support level 360.00 Microsoft continues to fall inside the minor impulse wave 5, which started recently from the key resistance level 392.50 (which also reversed the price at the end of March) standing close to the 50% Fibonacci correction of the […]
Johnson & Johnson: ⬆️ Buy – Johnson & Johnson rising inside weekly price range – Likely to test resistance level 165.60 Johnson & Johnson continues to rise in the primary upward impulse wave 3, which started earlier from the major support level 145.00 (lower border of the weekly sideways price range from 2023). The upward […]
NFLX: ⬆️ Buy – NFLX broke weekly down channel – Likely to rise to resistance level 1000.00 NFLX recently broke the resistance trendline of the weekly down channel from February, which enclosed the previous primary ABC correction 4, as can be seen below. The breakout of this down channel accelerated the active impulse wave 1, […]