Tag: fxpro
• 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 […]
• EURUSD broke support area• Likely to fall to support level 1.030 EURUSD currency pair recently broke through the support area located between the key support level 1.0500 (which has been repeatedly reversing the pair from April) and the lower trendline of the daily down channel from February. The breakout of this support area accelerated […]
• Dow Jones broke support area• Likely to fall to support level 31000.00 Dow Jones recently broke the support area located between the key support level 32535.00 (which has been reversing the pair from the start of 2021) and the upper 38.2% Fibonacci correction of the upward impulse from 2020. The breakout of this support […]
• EURGBP reversed from resistnace area• Likely to fall to support level 0.8450 EURGBP currency pair recently reversed down from the resistnace area located between the key resistnace level 0.8590 (which has been reversing the pair from November), upper dialy Bollinger Band and the upper trendline of the daily up channel from March. The downard […]
• WTI reversed from support area• Likely to rise to resistance level 108.80 WTI crude oil recently reversed up from the support area located between the key support level 97.60 (which has been reversing the pair from April) and the lower daily Bollinger Band. The price is currently forming the daily Bullish Engulfing – which […]