Tag: fxpro

• Platinum reversed from support level 828.20 • Likely to rise to resistance level 860.00 Platinum today reversed up from the key support level 828.20 (which stopped the previous medium-term impulse wave (A) in the middle of July) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 828.20 stopped the […]

• GBPUSD broke key support level 1.1800 • Likely to test major support level 1.1455 GBPUSD currency pair under the bearish pressure after the earlier breakout of the key support level 1.1800 (low of the previous medium-term impulse wave (3)). The downward reversal from the resistance level 1.3200 stopped the earlier short-term correction 2. Given […]

• EURCAD reversed from resistance level 1.3200 • Likely to fall to support level 1.3000 EURCAD currency pair recently reversed down from the resistance level 1.3200, intersecting with the upper Bollinger Bond and the 38.2% Fibonacci correction of the downward impulse from June. The downward reversal from the resistance level 1.3200 stopped the earlier short-term […]

• Gold broke support level 1725.00 • Likely to fall to support level 1700.00 Gold recently broke the support level 1725.00 intersecting with the 61.8% Fibonacci correction of the upward correction 2 from July. The breakout of the support level 1725.00 accelerated the active short-term impulse waves (iii) and 3, which belong to the intermediate […]

• WTI reversed from resistance level 95.00 • Likely to fall to support level 141.35 WTI crude oil recently reversed down with the Bearish Engulfing from the resistance level 95.00 (which has been reversing the pair from the start of August) intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]

• CHFJPY reversed from resistance level 143.00 • Likely to fall to support level 141.35 CHFJPY currency pair recently reversed down from the key resistance level 143.00 (which stopped the previous impulse waves (5) and (B)) intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 143.00 stopped the earlier short-term […]

• GBPCHF reversed from support level 1.1290 • Likely to rise to resistance level 1.1420 GBPCHF currency pair recently reversed up from the support level 1.1290 (which stopped the previous minor impulse wave (i) earlier this month) standing near the lower daily Bollinger Band. The upward reversal from the support level 1.1290 stopped the earlier […]

• EURGBP broke key resistance level 0.8510 • Likely to rise to resistance level 0.8585 EURGBP currency pair recently broke the resistance level 0.8510 (which stopped the pair earlier this month) intersecting with the 50% Fibonacci correction of the earlier downward correction from July. The breakout of the resistance level 0.8510 accelerated the active medium-term […]

• USDJPY broke key resistance level 137.30 • Likely to rise to resistance level 140.00 USDJPY currency pair recently broke the key resistance level 137.30 (which stopped the previous minor impulse wave 3 earlier this month). The breakout of the resistance level 137.30 accelerated the active short-term impulse wave 5 of the intermediate impulse wave […]

• EURAUD reversed from support level 1.4325 • Likely to rise to resistance level 1.4470 EURAUD currency pair recently reversed up from the key support level 1.4325 (which stopped the previous sharp downward impulse wave (5) in April). The support area near the support level 1.4325 was strengthened by the lower daily Bollinger Band. The […]