Tag: fxpro
• WTI reversed from support area • Likely to rise to resistance level 100.00 WTI crude oil currency pair recently reversed up from the support area located between the key support level 93.40 (which has been reversing the pair from March) and the 50% Fibonacci retracement of the upward trend from December. The upward reversal […]
• CADJPY reversed from support area • Likely to rise to resistance level 107.40 CADJPY currency pair recently reversed up from the support area located between the key support level 105.00, support trendline from June, 20-day moving average and the 61.8% Fibonacci correction of the earlier upward impulse from the start of July. The upward […]
• Natural gas broke resistance level 7.960 • Likely to rise to resistance level 9.000 Natural gas recently broke through the resistance level 7.960 (top of the previous wave (iv) from the middle of June) intersecting with the 61.8% Fibonacci correction of the earlier downward correction (B) from last month. The breakout of the resistance […]
• EURCHF reversed from support area • Likely to rise to resistance level 0.9940 EURCHF currency pair recently reversed up from the support zone located between the pivotal support 0.9820 (which stopped wave 3 in the middle of this month) and the lower daily Bollinger Band. The upward reversal from this support area can form […]
• Gold reversed from support area • Likely to rise to next resistance level 1759.00 Gold recently reversed up from the support area lying between the key support level 1685.60 (which has been reversing the price from the start of April) and the lower weekly Bollinger Band. The upward reversal from this support area stopped […]
• Philip Morris reversed from support area • Likely to rise to resistance level 96.70 Philip Morris recently reversed up from the support zone located between the pivotal support 88.40 (which has been reversing the price from the end of 2021), standing close to the lower weekly Bollinger Band and the 38.2% Fibonacci retracement of […]
• GBPCAD reversed from support area • Likely to rise to next resistance level 1.5560 GBPCAD currency pair recently reversed up from the support area lying between the key support 1.5355 (which stopped the previous impulse wave (i) in the middle of July) and the lower daily Bollinger Band. The upward reversal from this support […]
• GBPUSD reversed from resistance area • Likely to fall to support level 1.1800 GBPUSD currency pair recently reversed down from the resistance area lying between the resistance level 1.2030 (which stopped the previous wave (ii), as can be seen below) and the 38.2% Fibonacci correction of the downward impulse from June. The downward reversal […]
• Dow Jones reversed from resistance area • Likely to fall to support level 31000.00 Dow Jones index recently reversed down from the resistance area lying between the key resistance level 31845.00 (top of wave A from June), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from May. The downward […]
• CADJPY reversed from resistance area • Likely to fall to support level 106.00 CADJPY currency pair recently reversed down from the resistance area lying between the resistance level 107.25 (previous monthly high from June) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the previous multi-impulse sequence made out […]