Tag: fxpro
• AUS200 index reversed from resistance level 7615.00• Likely to fall to support level 7430.00 AUS200 index recently reversed down strongly from the long-term resistance level 7615.00 (which has been reversing this index from last August). The downward reversal from the resistance level 7615.00 created the daily candlesticks reversal pattern Evening Star Doji – which […]
• USDCAD reversed from support level 1.2450• Likely to rise to resistance level 1.2650 USDCAD recently reversed up sharply from the powerful support level 1.2450 (which has been repeatedly reversing the price from the middle of January). The upward reversal from the support level 1.2450 created the daily candlesticks reversal pattern Piercing Line – which […]
• CADCHF under strong bullish pressure• Likely to rise to resistance level 0.7700 CADCHF currency pair is under strong bullish pressure after breaking through the major resistance level 0.7500, which has a long history of reversing this pair. The breakout of the resistance level 0.7500 accelerated the active impulse waves 3 and (3) which then […]
• Silver falling minor impulse wave 3• Likely to reach support level 24.10 Silver continues to fall inside the minor impulse wave 3, which started earlier from the resistance level 25.8 (previous reversal high from March) – strengthened by the upper daily Bollinger Band. The active impulse wave 3 belongs to the higher-order impulse wave […]
• NZDCAD reversed from resistance level 0.8500• Likely to fall to support level 0.8400 NZDCAD currency pair recently reversed down from the resistance level 0.8500 (former monthly strong support from the end of February), strengthened by 61.8% Fibonacci correction of the earlier upward impulse from January. The downward reversal from the resistance level 0.8500 started […]
• NZDUSD reversed from support level 0.6735• Likely to rise to resistance level 0.6850 NZDUSD currency pair recently reversed up from the key support level 0.6735 (the former monthly low from March), strengthened by the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from February. The upward reversal from the […]
• S&P 500 reversed from support level 4400.00• Likely to rise to resistance level 4500.00 S&P 500 index recently reversed up from the support level 4400.00 (the former monthly low from March) intersecting with the 61.8% Fibonacci correction of the upward impulse (1) from January. The upward reversal from the support level 4400.00 created the […]
• Dow Jones reversed from support level 34140.00• Likely to rise to resistance level 34920.00 Dow Jones recently reversed up from the support level 34140.00 (former resistance from March) intersecting with the 38.2% Fibonacci correction of the upward wave B from February. The support zone near the support level 34140.00 was further strengthened by the […]
• GBPJPY broke resistance level 164.35• Likely to rise to resistance level 168.00 GBPJPY is under the bullish pressure after the price broke above the key resistance level 164.35 (which stopped wave 3 at the end of March). The breakout of the resistance level 164.35 accelerated the active impulse waves 5 and (C). GBPJPY can […]
• NZDCAD under bearish pressure• Likely to fall to support level 0.8400 NZDCAD is under the bearish pressure after the price broke the support zone located between the support level 0.8500 (low of wave B from February) and the 61.8% Fibonacci correction of the upward wave from February. The breakout of this support zone should […]