Tag: fxpro

• EURJPY reversed from resistance level 144.00 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.00 (which has been reversing the price from the start of June). The downward reversal from the resistance level 144.00 stopped the earlier short-term impulse wave 3. Given the […]

• GBPJPY reversed from support level 156.00 • Likely to rise to resistance level 168.00 GBPJPY currency pair recently reversed up from the key support level 156.00 (lower boundary of the sideways price range inside which the pair has been trading from April). The upward reversal from the support level 156.00 started the active medium-term […]

• CADJPY reversed from support level 104.90 • Likely to rise to resistance level 107.25 CADJPY currency pair recently reversed up from the key support level 104.90 (former resistance from the start of March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]

• AUDJPY reversed from long-term support level 92.35 • Likely to rise to resistance level 94.00 AUDJPY recently reversed up from the long-term support level 92.35 (which has been reversing the pair from the middle of June), strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward impulse from […]

• EURAUD reversed from resistance level 1.5335 • Likely to fall to support level 1.500 EURAUD recently reversed down from the key resistance level 1.5335 (which has been reversing the price from the start of March), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from February. The downward reversal from […]

• EURAUD broke resistance level 1.5000 • Likely to rise to resistance level 1.5400 EURAUD currency pair rising strongly after it broke the round resistance level 1.5000 (which stopped the previous minor wave (a)) intersecting with the resistance trendline from February and the 61,8% Fibonacci correction of the downward impulse form July. The breakout of […]

• GBPNZD broke key resistance level 1.9600 • Likely to rise to resistance level 1.9800 GBPNZD recently broke above the key resistance level 1.9600 (upper boundary of the sideways price range inside which the pair has been moving from the end of March). The breakout of the resistance level 1.9600 continues the active impulse waves […]

• CADCHF reversed from key support level 0.7100 • Likely to rise to resistance level 0.7185 CADCHF currency pair recently reversed up from the key support level 0.7100 (former multi-month low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 0.7100 stopped the earlier short-term impulse wave 3 […]

• GBPJPY rising in line with the weekly uptrend • Likely to test resistance level 162.50 GBPJPY continues to rise after the price reversed up from the round support level 150.00 (which reversed the pair multiple times in 2021), standing close to the 38.2% Fibonacci correction of the upward trend from the start of 2020. […]

• EURCAD broke resistance level 1.3300 • Likely to rise to resistance level 1.3500 EURCAD currency pair rising strongly after the breakout of the resistance level 1.3300 (top of wave (i) from the middle of September) intersecting with the two resistance trendlines from March and February. The breakout of the resistance level 1.3300 continues the […]