Tag: fxpro
• EURNZD broke daily up channel • Likely to fall to support level 1.6800 EURNZD currency pair recently broke the round support level 1.700, intersecting with the support trendline of the daily up channel from last November. The breakout of the support level 1.700 accelerated the active minor impulse wave (i) – which belongs to […]
• WTI broke round support level 90.00 • Likely to fall to support level 86.00 WTI crude oil recently broke the round support level 90.00, intersecting with the support trendline of the daily up channel from December and the 38.2% Fibonacci correction of the previous upward impulse from January. The breakout of the support level […]
• Gold broke key resistance level 1875.00 • Likely to rise to resistance level 1920.00 Gold continues to rise after the earlier breakout of the key resistance level 1875.00, which was set as the likely upward target in earlier forecast of this instrument. The breakout of the resistance level 1875.00 should accelerate the active short-term […]
• Citibank falling inside impulse wave 3 • Likely to reach support level 64.68 Citibank continues to fall inside the impulse wave 3, which started earlier from the key resistance level 68.00 (which has been reversing the price from November), intersecting with the 50% Fibonacci correction of the previous downtrend from June. The active impulse […]
• EURGBP broke support level 0.8350 • Likely to fall to support level 0.8285 EURGBP currency pair recently broke the key support level 0.8350 (low of the previous wave A), intersecting with the 61.8% Fibonacci correction of the previous wave (1). The breakout of the resistance level 0.8350 should accelerate the active short-term ABC correction […]
• GBPUSD reversed from support zone • Likely to rise to resistance level 1.3645 GBPUSD recently reversed up from the support area set between the pivotal support level 1.3500 (which has been reversing the price from the start of February) and the 50% Fibonacci correction of the previous upward correction from January. The upward reversal […]
• Gold reversed from support zone • Likely to rise to resistance level 1875.00 Gold recently reversed up from the support zone located between the key support level 1850.00 (previous resistance from January) and the 50% Fibonacci correction of the previous sharp upward impulse from last week. The upward reversal from this support zone continues […]
• GER50 reversed from support zone • Likely to rise to resistance level 34000.00 GER50 index recently reversed up from the support zone located between the key support level 32120.00 (which stopped wave (C) in January) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Hammer reversal signal […]
• NZDCHF reversed from support zone • Likely to fall to resistance level 0.6200 NZDCHF currency pair recently reversed up from the support zone located between the key support level 0.6100 (which has been reversing the pair from the start of January) and the lower daily Bollinger Band. The upward reversal from this support zone […]
• Bank of America reversed from resistance zone • Likely to fall to support level 44.00 Bank of America recently reversed down from the resistance zone located between the round level resistance 50.00 (top of wave B from January) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous […]
