Tag: fxpro

Mar 04
EURCHF Wave Analysis – 4 March, 2022

• EURCHF broke support area• Likely to fall to support level 1.000 EURCHF continues to fall after the earleir breakout of the support area located between the key support level 1.0200 and the support trendline of the daily down channel from last September. The breakout of this support area accelerated the active impulse waves 3 […]

Mar 04
EUR50 Wave Analysis – 4 March, 2022

• EUR50 broke support level 3750.00• Likely to fall to support level 3550.00 EUR50 index under the bearish pressure after recently breaking the support zone lying between the key support level 3750.00 (low of wave (i)) and the support trend line of the daily down channel from January. The breakout of this support zone accelerated […]

Mar 04
Palladium Wave Analysis – 4 March, 2022

• Palladium broke resistance level 2700.00• Likely to rise to resistance level 3000.00 Palladium continues to rise sharply after the price broke the resistance level 2700.00 (which stopped the previous minor impulse wave 1 at the end of February). The breakout of this resistance level accelerated the active impulse wave 3, which belongs to the […]

Mar 04
Natural gas Wave Analysis – 3 March, 2022

• Natural gas reversed from resistance level 5.000• Likely to fall to support level 4.40 Natural gas recently reversed down from the key resistance level 5.000 (which has been reversing the pair from the end of January). The resistance zone near the resistance level 5.000 was strengthened by the upper daily Bollinger Band and by […]

Mar 03
CADCHF Wave Analysis – 3 March, 2022

• CADCHF reversed from resistance level 0.7300• Likely to fall to support level 0.7250. CADCHF currency pair recently reversed down from the pivotal resistance level 0.7300 (which has been reversing the pair from the start of February). The resistance zone near the resistance level 0.7300 was strengthened by the upper daily Bollinger Band and by […]

Mar 03
USDCAD Wave Analysis – 3 March, 2022

• USDCAD reversed from support level 1.260• Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.260 (which has been reversing the pair from the end of January). The upward reversal from the support level 1.260 stopped the previous intermediate ABC correction 2. Given the prevailing […]

Mar 02
WTI Wave Analysis – 2 March, 2022

• WTI broke resistance zone• Likely to rise to resistance level 110.00 WTI crude oil recently broke the resistance zone lying between the powerful round resistance level 100.00 and the resistance trendline of of the daily up channel from the middle of December. The breakout of this resistance zone accelerated the active short-term impulse wave […]

Mar 02
USDCAD Wave Analysis – 2 March, 2022

• USDCAD reversed from key resistnace level 1.2800• Likely to fall to support level 1.2645 USDCAD currency pair recently reversed down from the key resistance level 1.2800 (which has been reversing the pair from the start of January). The resistance zone near the resistance level 1.2800 was strengthened by the upper daily Bollinger Band and […]

Mar 01
Dax Wave Analysis – 1 March, 2022

• Dax reversed from resistance zone• Likely to fall to support level 3.000 Dax index recently reversed down from the resistance zone lying between the key resistance level 3220.0 (former strong support from last year) and the 38.2% Fibonacci correction of the earlier downward impulse from last month. The downward reversal from this resistance zone […]

Mar 01
EURCHF Wave Analysis – 1 March, 2022

• EURCHF broke key support level 1.0300• Likely to fall to support level 1.0200 EURCHF currency pair under the bearish pressure after the earlier breakout of the key support level 1.030 (which has been reversing the pair from the end of January). The breakout of the support level 1.030 accelerated the active impulse waves 3 […]