Tag: fxpro

Jan 06
Nike Wave Analysis – 6 January, 2022

• Nike broke key support level 162.90 • Likely to fall to support level 155.00 Nike recently broke key support level 162.90 (low of the previous correction A) intersecting with the 50% Fibonacci correction of the previous upward impulse from December. The breakout of the support level 162.90 should accelerate the active ABC correction (2) […]

Jan 06
GBPUSD Wave Analysis – 31 December, 2021

• GBPUSD reversed from resistance level 1.3500 • Likely to fall to support level 1.3375 GBPUSD currency pair recently reversed down from the key resistance level 1.3500 (which stopped the previous corrective wave (iv) in the middle of November). The resistance zone near the resistance level 1.3500 was strengthened by the upper daily Bollinger Band […]

Jan 06
EURUSD Wave Analysis – 30 December, 2021

• EURUSD reversed from resistance level 1.1370• Likely to fall to support level 1.12 EURUSD currency pair recently reversed down from the pivotal resistance level 1.1370 (which has been steadily reversing the price from the middle of November). The resistance zone near the resistance level 1.1370 was strengthened by the upper daily Bollinger Band, 50-day […]

Jan 06
Platinum Wave Analysis – 31 December, 2021

• Platinum reversed from resistance level 975.00 • Likely to fall to support level 910.00 Platinum continues to fall after the earlier downward reversal from the key resistance level 975.00 (which has been reversing the price from the end of November). The downward reversal from the resistance level 975.00 created the daily Shooting Star – […]

Jan 06
EURGBP Wave Analysis – 31 December, 2021

• EURGBP reversed from support level 0.8380 • Likely to rise to resistance level 0.84543 EURGBP currency pair recently reversed up from the key support level 0.8380 (previous monthly low from November). The support zone near the support level 0.8380 was strengthened by the lower daily Bollinger Band and by the support trendline of the […]

Jan 06
NZDUSD Wave Analysis – 3 January, 2022

• NZDUSD reversed from pivotal resistance level 0.6840 • Likely to test support level 0.6700 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6840 (former strong support from August) intersecting with the upper Bollinger Band and the 38.2% Fibonacci correction of the downward price impulse from November. The resistance zone near the […]

Jan 06
USDCHF Wave Analysis – 3 January, 2022

• USDCHF reversed from support level 0.9100 • Likely to rise to resistance level 0.9250 USDCHF currency pair recently reversed up from the support level 0.9100 (which has been repeatedly reversing the price from the middle of August). The support zone near the support level 0.9100 was strengthened by the lower Bollinger Band and by […]

Jan 05
Apple Wave Analysis – 5 January, 2022

• Apple reversed from resistance zone • Likely to fall to support level 176.85 Apple recently reversed down from the resistance zone lying at the intersection of the key resistance level 181.60(which stopped the previous intermediate impulse wave (3)) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier […]

Jan 05
EURCHF Wave Analysis – 5 January, 2022

• EURCHF reversed from support zone • Likely to rise to resistance level 1.040 EURCHF currency pair recently reversed up from the support zone lying at the intersection of the key support level 1.0335 (which stopped the previous minor impulse wave 1) and the lower daily Bollinger Band. The upward reversal from this support zone […]

Jan 05
FTSE 100 index Wave Analysis – 4 January, 2022

• FTSE 100 broke key resistance level 7500.00 • Likely to rise to resistance level 7600.00 FTSE 100 index recently broke above the key resistance level 7500.00 – which accelerated the active impulse waves 3 and (3). The index earlier reversed up from the key support level 7400.00, former resistance level which has been repeatedly […]