Tag: fxpro

• GBPJPY reversed from support level 160.50• Likely to rise to resistance level 164.00 GBPJPY currency pair recently reversed up from the key support level 160.50 (which stopped the previous wave (2) in the middle of June). The support level 160.50 was further strengthened by the nearby lower daily Bollinger Band and the support trendline […]

• EUR50 reversed from support level 3400.00• Likely to rise to resistance level 3560.00 EUR50 index recently reversed up from the key support level 3400.00 (the previous monthly low from June and March). The support area near the support level 3400.00 was further strengthened by the lower daily Bollinger Band. Given the strength of the […]

• AUDCHF rising inside impulse wave (3) • Likely to rise to resistance level 0.6750 AUDCHF currency pair continues to rise after the earlier upward reversal from the key support level 0.6510 (which has been reversing the pair from the end of January). The upward reversal from the support level 0.6510 started the active intermediate […]

• EURGBP broke key support level 0.8500 50• Likely to fall to support level 0.8430 EURGBP currency pair recently broke the key support level 0.8500 (which stopped the previous waves a and (4), as can be seen below). The breakout of the support level 0.8500 coincided with the breakout of the 50% Fibonacci correction of […]

• NZDJPY reversed from key support level 83.25 • Likely to rise to resistance level 84.75 NZDJPY recently reversed up from the key support level 83.25 (which stopped wave (2) in June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from May. The upward reversal from the support level […]

• WTI reversed from key support level 95.00 • Likely to rise to resistance level 105.00 WTI crude oil recently reversed up from the key support level 95.00 (which has been reversing the pair from the start of March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The […]

• Apple reversed from resistance level 150.00• Likely to fall to support level 140.00 Apple recently reversed down from the pivotal resistance level 150.00 (former multi-month low from March) intersecting with the 38.2% Fibonacci correction of the downward impulse from March. The downward reversal from the resistance level 150.00 started the active minor correction (b). […]

• AUDUSD reversed from resistance level 0.7265• Likely to fall to support level 0.7200 AUDUSD today reversed down exactly from the key resistance level 0.7265 (top of the previous minor correction (iv) from last month) intersecting with the 50% Fibonacci correction of the downward impulse 1 from April and the upper daily Bollinger Band. The […]

• GBPCAD reversed from key support level 1.5795• Likely to rise to resistance level 1.5970 GBPCAD recently reversed up from the key support level 1.5795 (which stopped wave (iii) in the middle of May) – standing close to the lower daily Bollinger Band. The upward reversal from the support level 1.5795 stopped the earlier minor […]

• WTI reversed from key resistance level 115.00• Likely to fall to support level 110.00 WTI crude oil recently reversed down from the key resistance level 115.00 (which stopped wave 1 at the end of March) – standing close to the upper daily Bollinger Band and the resistance trendline of the daily up channel from […]