Tag: fxpro
• EURGBP reversed from long-term resistance level 0.9200 • Likely to fall to support level 0.8800 EURGBP falling after the pair reversed down from the powerful long-term resistance level 0.9200 (which has been reversing the price from the middle of 2020), standing far above the upper weekly Bollinger Band. The downward reversal from the resistance […]
• CHFJPY rising inside impulse wave (3) • Likely to test resistance level 148.00 CHFJPY rising inside the intermediate impulse wave (3), which started earlier from the key support level 144.00 (former monthly high from June), intersecting with the daily up channel from May. The active impulse wave (3) belongs to the higher order primary […]
• USDCHF under bearish pressure • Likely to fall to support level 0.9700 USDCHF currency pair under the bearish pressure after the pair reversed down from the pivotal resistance level 0.9885 (which has been reversing the pair from the middle of July), upper daily Bollinger Band and the resistance trendline of the daily up channel […]
• Citibank under bearish pressure • Likely to fall to support level 40.00 Citibank under the bearish pressure after the price broke the key support level 43.50 (former multi-month low from the middle of July). The breakout of the support level 43.50 continues the clear multi-month downtrend that can be seen on the daily and […]
• AUDUSD broke key support level 0.6500 • Likely to fall to support level 0.6300 AUDUSD currency pair recently broke the key support level 0.6500 coinciding with the support trendline of the wide down channel from the middle of April. The breakout of the support level 0.6500 accelerated the active short-term impulse waves iii and […]
• USDJPY reversed from key support level 142.00• Likely to rise to resistance level 148.00 USDJPY currency pair recently reversed up from the key support level 142.00 (lower boundary of the sideways price range inside which the pair has been moving from the start fop September). The upward reversal from the support level 142.00 started […]
• USDCAD rising inside impulse wave (3) • Likely to reach resistance level 1.3760 USDCAD currency pair continues to rise inside the sharp intermediate impulse wave (3), which previously broke the two intersecting up channels from April and August. The pair is under the bullish pressure due to the simultaneous strong bullish USD sentiment and […]
• EURUSD broke key support level 0.9900 • Likely to fall to support level 0.9700 EURUSD continues to fall after the earlier breakout of the key support level 0.9900 (which stopped the previous downward impulses (iii) and (i), as can be seen below). The breakout of the support level 0.9900 accelerated the active short-term impulse […]
• WTI broke key support 81.25 • Likely to fall to support level 75.00 WTI crude oil falling after the price broke the key support level 81.25 (which previously formed the daily Hammer in January and also the daily Morning Star at the start of September). The breakout of the support level 81.25 coincided with […]
• GBPUSD under strong bearish pressure • Likely to fall to support level 1.0800 GBPUSD under the strong bearish pressure after the pair broke the key support level 1.1400 (which stopped the previous downward impulse wave (iii) at the start of September). The breakout of the support level 1.1400 led to the latest breakout of […]