Tag: fxpro

Jan 12
USDCHF Wave Analysis – 12 January, 2022

• USDCHF reversed resistance level 0.9250 • Likely to fall to support level 0.9110 USDCHF recently reversed down from the pivotal resistance level 0.9250 (which has been reversing the price from the end of November), intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward wave (ii) from November. The […]

Jan 11
Amazon Wave Analysis – 11 January, 2022

• Amazon reversed from support level 3132.30 • Likely to rise to resistance level 3330.00 Amazon recently reversed up from the key support level 3132.30 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the support trendline of the daily down channel from the middle of November. The upward reversal from […]

Jan 11
NZDCHF Wave Analysis – 11 January, 2022

• NZDCHF reversed key resistance level 0.6275 • Likely to fall to support level 0.6177 NZDCHF recently reversed down from the powerful resistance level 0.6275 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The […]

Jan 10
Dow Jones Wave Analysis – 10 January, 2022

• Dow Jones reversed from resistance level 36800.00, • Likely to fall to support level 35000.00 Dow Jones index recently reversed down with the daily bearish Engulfing from the resistance level 36800.00, intersecting with the upper daily Bollinger Band and the weekly up channel from September. The downward reversal from the resistance level 36800.00 started […]

Jan 10
USDCAD Wave Analysis – 10 January, 2022

• USDCAD reversed from support level 1.2615 • Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.2615 (which has been reversing the price from the start of December), intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) […]

Jan 08
EURUSD Wave Analysis – 7 January, 2022

• EURUSD reversed from key support level 1.1265 • Likely to rise to resistance level 1.1380 EURUSD currency pair recently reversed up from the key support level 1.1265 (lower boundary of the sideways price range from the middle of December). The upward reversal from the support level 1.1265 started the active short-term impulse waves C. […]

Jan 07
AUS200 Wave Analysis – 7 January, 2022

• AUS200 index reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 AUS200 index recently reversed down with the daily Bearish Engulfing from the major resistance 7645.00 (earlier multi-month high from August) – which started the active wave (ii). The resistance zone near resistance 7645.00 was strengthened by the upper […]

Jan 07
Platinum Wave Analysis – 7 January, 2022

• Platinum reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 Platinum recently reversed down from the key round resistance level 1000.00 (which has been reversing the price from November). The resistance zone near the resistance level 1000.00 was strengthened by the upper daily Bollinger Band and by the 50% […]

Jan 06
EURAUD Wave Analysis – 6 January, 2022

• EURAUD broke key resistance level 1.5700• Likely to rise to resistance level 1.5865 EURAUD currency pair recently broke key resistance level 1.5700 (which has been reversing the price from December). The breakout of the resistance level 1.5700 accelerated the active short-term impulse waves 1 and (3). Given the rising euro bullishness seen today – […]

Jan 06
HSI 50 Wave Analysis – 6 January, 2022

• HSI 50 reversed from support level 22680.00 • Likely to rise to resistance level 23500.00 HSI 50 index recently reversed up from the pivotal support level 22680.00 (previous monthly low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 22680.00 runs counter to the strong daily downtrend. […]