Tag: fxpro

• 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 […]

• EURJPY broke key resistance level 138.15• Likely to rise to resistance level 140.00 EURJPY recently broke the key resistance level 138.15 (which stopped waves (a) and (b) at the start of May). The breakout the resistance level 138.15 accelerated the active minor impulse wave (iii), which belongs to the higher order impulse wave 3 […]

• GBPUSD reversed from key resistance level 1.2635• Likely to fall to support level 1,2400 GBPUSD recently reversed down from the key resistance level 1.2635 (which stopped wave (iv) at the start of May) – standing close to the 38.2% Fibonacci correction of the previous downward impulse 3 from March. The downward reversal from the […]

• FTSE 100 reversed from long-term resistance level 7630.00• Likely to fall to support level 7400.00 FTSE 100 index recently reversed down from the long-term resistance level 7630.00 (which has been repeatedly reversing the index from January, as can be seen below). The downward reversal from the resistance level 7630.00 stopped the previous minor corrective […]

• USDJPY reversed from support level 127.00• Likely to rise to resistance level 129.65 USDJPY recently reversed up from the key support level 127.00 (which stopped wave (ii) in April), intersecting with lower daily Bollinger Band and by the 50% Fibonacci correction of the previous sharp upward impulse 1 from March. The upward reversal from […]