Tag: fxpro
• GBPCHF reversed from key support level 1.2100• Likely to rise to resistance level 1.2200 GBPCHF today reversed up with the daily Long-Legged Doji from the key support level 1.2100 (which has been steadily reversing the pair from the start of March). The support zone near the support level 1.2100 was strengthened by the lower […]
• Chevron reversed from resistance level 174.30• Likely to fall to support level 165.00 Chevron today reversed down sharply from the resistance area set between the major resistance level 174.30 (the previous monthly high from March and April) and the upper daily Bollinger Band. The downward reversal from this resistance area created the daily Evening […]
• WTI reversed from resistance area• Likely to fall to support level 105.00 WTI crude oil recently reversed down from the resistance area located between the key resistance level 110.00 (which has been reversing the price from April) and the upper daily Bollinger Band. This resistance zone near was further strengthened by 50% Fibonacci correction […]
• Natural gas reversed from support level 6.500• Likely to rise to 9.000 Natural gas recently reversed up from the strong support level 6.500, coinciding with the 20-day moving average and the 50% Fibonacci correction of the upward impulse wave (3) from February. The support zone near the support level 6.500 was further strengthened by […]
• EURCAD reversed from support level 1.3400• Likely to rise to 1.3600 EURCAD today reversed up from the strong support level 1.3400 (which stopped the previous sharp downward impulse wave 3 at the end of last month). The upward reversal from the support level 1.3400 will most likely form the daily candlesticks reversal pattern Morning […]
• USDCHF reversed from party• Likely to rise to 1.0100 USDCHF continues to rise after the earlier upward reversal from the strong support at parity, 1.000 (earlier resistance from the start of May). The upward reversal from the parity continues the active short-term impulse waves 5 and (C). USDCHF can be expected to rise further […]
• Gold reversed from support zone• Likely to rise to resistance level 1825.00 Gold today reversed up from the support zone located between the key support at 1790.00 (which has been reversing the price from December) and the lower daily Bollinger Band. The upward reversal from the support zone is currently forming the daily Hammer […]
• AUDCHF reversed from support area• Likely to rise to resistance level 0.7000 AUDCHF currency pair recently reversed up from the support area located between the key support level 0.6835 (which has been reversing the pair from the start of March), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) […]
• American Express reversed from key support zone• Likely to rise to resistance level 165.00 American Express recently reversed up from the key support zone lying between the support levels 155.00 and 150.00 (multi-month low from December). This support zone was further strengthened by the lower daily Bollinger Band. American Express can be expected to […]
• CADCHF broke resistance level 0.7700• Likely to rise to resistance level 0.7800 CADCHF currency pair rising steadily after the price broke above the resistance level 0.7700 (which stopped the previous minor impulse wave (i) at the start of this month). The breakout of the resistance level 0.7700 coincided with the breakout of the daily […]