Tag: fxpro
• AUDJPY broke key resistance level 82.00 • Likely to rise to resistance level 83.00 AUDJPY currency pair recently broke the key resistance level 82.00 (which has been reversing the price from the middle of December). The breakout of the resistance level 82.00 coincided with the breakout of the daily down channel from January and […]
• Chevron broke long-term resistance level 133.20 • Likely to rise to resistance level 140.00 Chevron continues to rise strongly after the earlier breakout of the long-term resistance level 133.20 (previous yearly high from the start of 2018). The breakout of the resistance level 133.20 coincided with the breakout of the resistance trendline of the […]
• EURCAD reversed from resistance level 1.4645 • Likely to fall to support level 1.4400 EURCAD currency pair recently reversed down strongly from the key resistance level 1.4645 (which has been reversing the price from May of 2021). The resistance zone near the resistance level 1.4645 was strengthened by the upper daily Bollinger Band. EURCAD […]
• EURNZD broke key resistance level 1.7150 • Likely to rise to resistance level 1.7500 EURNZD currency pair continues to rise sharply after breaking the key resistance level 1.7150 (previous multi-month high from the middle of last August). The breakout of the resistance level 1.7150 accelerated the active intermediate impulse wave (5). EURNZD currency pair […]
• Facebook broke key support level 245.80 • Likely to fall to support level 220.00 Facebook recently fell sharply breaking through the key support level 245.80 (previous monthly low from September and January). The breakout of the support level 245.80 accelerated the active medium-term downward impulse wave (3). Facebook can be expected to fall further […]
• GBPAUD reversed from key support level 1.8900 • Likely to rise to resistance level 1.9200 GBPAUD currency pair recently reversed up from the key support level 1.8900 (previous monthly high from September and December), intersecting with the 20-day moving average and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal […]
• FTSE100 reversed from resistance zone • Likely to fall to support level 7500.00 FTSE100 index recently reversed down from the resistance zone lying between the key resistance level 7600.00 (which has been reversing the index from the middle of January) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the […]
• EURAUD broke resistance zone • Likely to rise to resistance level 1.6125 EURAUD currency pair recently broke the resistance zone lying between the key resistance level 1.5950 (which has been reversing the pair from January) and the 61.8% Fibonacci correction of the previous ABC correction (2) from December. The breakout of this resistance zone accelerated […]
• EURUSD reversed from support zone • Likely to rise to resistance level 1.1470 EURUSD currency pair recently reversed up sharply from the support zone lying between the major support level 1.12 (which has been reversing the pair from the middle of 2020) and the lower weekly Bollinger Band. This support zone was further strengthened by […]
• Dow Jones reversed from support zone • Likely to rise to resistance level 36400 Dow Jones index recently reversed up with the weekly Hammer from the support zone lying between the key support level 33425.00 (which has been reversing the index from the start of 2021) and the lower weekly Bollinger Band. This support zone […]
