Tag: fxpro
• 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 […]
• Nasdaq 100 broke resistance level 12180.00 • Likely to rise to resistance level 12920.00 Nasdaq 100 index recently broke the resistance area located at the intersection of the resistance level 12180.00 (which stopped the previous waves (a) and (i), as can be seen below) and the 61.8% Fibonacci correction of the downward impulse from […]
• GBPNZD reversed from support level 1.9135 • Likely to rise to resistance level 1.9400 GBPNZD recently reversed up from the pivotal support level 1.9135 (which has been reversing the pair from the middle of April), strengthened by the lower daily Bollinger Band and the 50% Fibonacci correction of the upward move from April. The […]
• FTSE 100 reversed from support level 7020.00 • Likely to rise to resistance level 7357.00 FTSE 100 index recently reversed up from the key support level 7020.00 (which has been reversing the pair from the middle of June), strengthened by the lower daily Bollinger Band. The upward reversal from the support level 7020.00 started […]
• AUDUSD broke key resistance level 0.6870 • Likely to rise to resistance level 0.6960 AUDUSD currency pair recently broke above the key resistance level 0.6870 (which stopped wave (iv) at the start of this month). The breakout of the resistance level 0.6870 coincided with the breakout of the 50% Fibonacci correction of the downward […]
• EURCHF reversed from support area • Likely to rise to resistance level 0.9960 EURCHF currency pair recently reversed up from the support area located between the key support level 0.9850 and the lower daily Bollinger Band. The upward reversal from this support area started the active minor corrective wave (ii) – which belongs to […]
• Brent reversed from support area • Likely to rise to resistance level 105.00 Brent crude oil recently reversed up from the support area located between the key support level 95.00 (former monthly low from March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from […]
• USDCAD reversed from resistance level 1.3200 • Likely to fall to support level 1.3000 USDCAD currency pair recently reversed down from the key resistance level 1.3200, standing far above the upper Bollinger Band. The downward reversal from the resistance level 1.3200 started the active minor correction (iv) – which belongs to wave 3 from […]
• Palladium under bearish pressure • Likely to fall to support level 1765.00 Palladium under the bearish pressure after the price broke the support level 1900.00 intersecting with the support trendline of the daily up channel from the middle of June. The breakout of this up channel accelerated the active minor impulse wave 3 from […]