Tag: fxpro
• EURJPY reversed from support level 133.30 • Likely to rise to resistance level 136.75 EURJPY currency pair recently reversed up from the key support level 133.30 (which stopped wave 2 in May) – standing far outside of the lower daily Bollinger Band. The upward reversal from the support level 133.30 created the daily candlesticks […]
• CADJPY reversed from support level 102.00 • Likely to rise to resistance level 105.00 CADJPY currency pair recently reversed up from the key support level 102.00 (former resistance from April, which stopped the earlier minor correction (a) in June). The support zone near the support level 102.00 was strengthened by the lower daily Bollinger […]
• CADCHF reversed from long-term support level 0.7375 • Likely to rise to resistance level 0.7450 CADCHF currency pair recently reversed up from the long-term support level 0.7375 (former resistance from January, which has been steadily reversing this pair from March). The support zone near the support level 0.7375 was further strengthened by the lower […]
• EURUSD reversed from resistance level 1.0260 • Likely to fall to support level 1.0100 EURUSD currency pair recently reversed down from the resistance level 1.0260 (which has been repeatedly reversing this currency pair from the middle of July). The resistance zone near the resistance level 1.0260 was strengthened by the upper daily Bollinger Band […]
• NZDJPY reversed from support level 83.10 • Likely to rise to resistance level 84.30 NZDJPY currency pair recently reversed up from the strong support level 83.10 (low of the earlier waves (2) and 2), support trendline from February, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The […]
• NZDCHF reversed from support level 0.5940 • Likely to rise to resistance level 0.6050 NZDCHF currency pair recently reversed up from the strong support level 0.5940 (which has been reversing the pair from the middle of July). The upward reversal from the support level 0.5940 stopped the previous impulse waves 3 and (3). Given […]
• GBPAUD reversed from support level 1.7200 • Likely to rise to resistance level 1.7600 GBPAUD currency pair recently reversed up from the key support level 1.7200 (which has been reversing the pair from the start of April) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.7200 started the […]
• Caterpillar reversed from support level 172.00 • Likely to rise to resistance level 200.00. Caterpillar recently reversed up from the support level 172.00 – strengthened by the lower daily Bollinger Band, 50% Fibonacci correction of the uptrend from 2020 to 2021 and by the support trendline of the wide down channel from last year. […]
• NZDJPY broke support level 84.80 • Likely to fall to support level 83.00 NZDJPY currency pair recently broke the support level 84.80 (former resistance from the start of July) intersecting with the 50% Fibonacci correction of the upward price impulse (i). The breakout of the support level 84.80 accelerated the active minor corrective wave […]
• GBPCHF broke daily down channel • Likely to rise to resistance level 1.1770 GBPCHF continues to rise after the earlier breakout of the resistance trendline of the daily down channel from the start of July – which accelerated the active correction (iv). The breakout of the down channel follows the earlier upward reversal from […]