Tag: fxpro

Apple: ⬆️ Buy – Apple reversed from the support zone – Likely to rise to the resistance level 180.00 Apple earlier reversed up from the support zone surrounding the long-term support level 170.00 (which has been reversing the price since the end of 2023) – standing very far below the lower weekly Bollinger Band. The […]

EURGBP: ⬆️ Buy – EURGBP broke the resistance zone – Likely to rise to resistance level 0.8700 EURGBP currency pair recently broke through the long-term resistance zone located between the resistance levels 0.8625 (multi-month high from last August) and 0.8645 (strong resistance from April of 2024). The breakout of this resistance zone accelerated the c-wave […]

CADJPY: ⬆️ Buy – CADJPY reversed from strong support 101.60 – Likely to rise to resistance level 105.00 CADJPY currency pair recently reversed from the support zone surrounding the strong support 101.60 (which has been reversing the price since last August). This support zone was strengthened by the lower daily Bollinger Band. The upward reversal […]

GBPUSD: ⬇️ Sell – GBPUSD reversed from resistance area – Likely to fall to support level 1.2700 GBPUSD currency pair recently reversed down from the resistance area between the resistance level 1.3050 (which reversed the price in October and November), upper daily Bollinger Band and the resistance trendline of the daily up channel from January. […]

Merck: ⬇️ Sell – Merck broke strong support level 81.30 – Likely to fall to support level 75.00 Merck is under bearish pressure after breaking the strong support level 81.30 (the former monthly low from February, which stopped the earlier impulse wave 1). The breakout of the support level 81.30 should accelerate the active downward […]

CADCHF: ⬇️ Sell – CADCHF reversed from pivotal resistance level 0.6050 – Likely to fall to support level 0.5935 CADCHF currency pair recently reversed from the resistance zone between the pivotal resistance level  0.6050 (former monthly low from March) and the 50% Fibonacci correction of the downward impulse from the start of April. The downward […]

GBPCHF: ⬇️ Sell – GBPCHF broke the support zone – Likely to fall to support level 1.0785 GBPCHF currency pair recently fell sharply through the support zone between the support levels 1.1000 and 1.1100. The breakout of this support zone was preceded by the breakout of the daily up channel from September. The breakout of […]

WTI: ⬇️ Sell – WTI broke the long-term support zone – Likely to fall to support level 55.00 WTI crude oil recently broke the long-term support zone set between the support levels 60.00 and 65.00. This support zone has stopped all downward corrections from the middle of 2021. The breakout of this support zone accelerated […]

• NZDJPY reversed from resistance level 87.28 • Likely to fall to support level 86.00 NZDJPY recently reversed down from the long-term resistance level 87.28 (which has been reversing the pair from the end of March, as can be seen below). The downward reversal from the resistance level 87.28 is likely to form the daily […]

• Gold reversed from the support level 1727.00 • Likely to rise to resistance level 1782.80 Gold recently reversed up with the daily Morning Star from the pivotal support level 1727.00 (former monthly high from September and October, as can be seen below) – standing near the 38.2% Fibonacci correction of the upward impulse from […]