Tag: fxpro

May 06
GBPUSD Wave Analysis – 5 May, 2022

• GBPUSD falling inside impulse waves (iii),3 and (3)• Likely to fall to support level 1.2250 GBPUSD currency pair recently broke the key support level 1.2670 (low of wave (B) from the end of 2020). The breakout of the support level 1.2670 accelerated the active weekly downard impulse waves (iii),3 and (3). Sterling can be […]

May 05
USDJPY Wave Analysis – 5 May, 2022

• USDJPY reversed from support area• Likely to rise to resistance level 131.20 USDJPY recently reversed up strongly from the support area located between the key support level 128.90 (former resistance from last month) and the 50% Fibonacci correction of the upward impulse from April. The upward reversal from this support area is likely to […]

May 05
Nikkei 225 Wave Analysis – 5 May, 2022

• Nikkei 225 reversed from resistance area• Likely to test support level 26500.00 Nikkei 225 index recently reversed down from the resistance area located between the key resistance level 27425.00 (which has been reversing the price from last month), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from March. The […]

May 04
Dow Jones Wave Analysis – 4 May, 2022

• Dow Jones reversed from support level 32460.00• Likely to rise to resistance level 35000.00 Dow Jones recently reversed up from the key support level 32460.00 (which has been reversing the index from the start of this year), standing near the lower weekly Bollinger Band. The support area near the support level 32460.00 was further […]

May 04
USDCAD Wave Analysis – 4 May, 2022

• USDCAD reversed from key resistance level 1.2890• Likely to fall to support level 1.2750 USDCAD recently reversed down strongly from the key resistance level 1.2890 (which has been reversing the price from last August), standing near the upper daily Bollinger Band. The downward reversal from resistance level 1.2890 stopped the previous short-term impulse wave […]

May 03
Platinum Wave Analysis – 3 May, 2022

• Platinum reversed from support zone• Likely to rise to resistance level 960.00 Platinum recently reversed up strongly from the powerful long-term support level 900.00 (which has been reversing the price from last September), standing near the lower daily Bollinger Band. The upward reversal from support level 900.00 stopped the previous short-term impulse wave 3 […]

May 03
CADCHF Wave Analysis – 3 May, 2022

• CADCHF reversed from resistance level 0.7620• Likely to fall to support level 0.7535 CADCHF currency pair today reversed down from the key resistance level 0.7620, standing near the upper daily Bollinger Band and the resistance trendline of the daily up channel from February. The downward reversal from resistance level 0.7620 stopped the previous short-term […]

May 02
GBPJPY Wave Analysis – 2 May, 2022

• GBPCAD reversed from support zone• Likely to rise to resistance level 164.65 GBPJPY currency pair recently reversed up strongly from the support level 159.60 (low of wave (a) from last month), standing near the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from March. The upward reversal from this […]

May 02
GBPCAD Wave Analysis – 2 May, 2022

• GBPCAD reversed from support zone• Likely to rise to resistance level 1.6500 GBPCAD currency pair recently reversed up sharply from the support area located between the key support level 1.5910 (which has been reversing the pair from the end of 2016) and the lower weekly Bollinger Band. The upward reversal from this support area […]

Apr 29
WTI Wave Analysis – 29 April, 2022

• WTI reversed from support level 95.00• Likely to rise to resistance level 108.80 WTI crude oil recently reversed up from the key support level 95.00, which has been reversing the price from the end of February. The support area near the support level 95.00 was strengthed by the lower daily Bollinger Band by the […]