Tag: fxpro
• AUDCHF reversed from pivotal support level 0.6900• Likely to rise to resistance level 0.7000 AUDCHF currency pair today reversed up sharply from the pivotal support level 0.6900 (which stopped the previous corrective wave (iv) at the end of March). The support zone near the support level 0.6900 is strengthened by the 38.2% Fibonacci correction […]
• GBPUSD reversed from round support level 1.3000• Likely to rise to resistance level 1.3160 GBPUSD currency pair today reversed up with the daily Hammer from the round support level 1.3000 (which stopped the previous sharp impulse wave 1 in the middle of March). The support zone near the support level 1.3000 is strengthened by […]
• Silver reversed from support level 24.10• Likely to test resistance level 25.50 Silver recently reversed up from the key support level 24.10 (which stopped the previous minor impulse wave 1 at the end of March). The support zone near the support level 24.10 was strengthened by the lower daily Bollinger Band and by the […]
• AUDUSD reversed from resistance zone• Likely to fall to support level 0.7400 AUDUSD currency pair recently reversed down from the resistance zone located between the key resistance levels 0.7545 (June high) and 0.7595 (October barrier) The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Bearish Engulfing. Having just broken […]
• Coca-Cola broke key resistance level 63.00• Likely to test resistance level 64.00 Coca-Cola recently broke the key resistance level 63.00 (which stopped the previous intermediate impulse wave (1) at the start of last month). The breakout of the resistance level 63.00 should further accelerate the active strong upward impulse wave 3 from March. Coca-Cola […]
• NZDUSD reversed from resistance zone• Likely to fall to support level 0.6830 NZDUSD currency pair recently reversed down from the resistance zone located between the round resistance level 0.7000 and the upper daily Bollinger Band. The pair just broke the support level 0.6890 (which has been reversing the price since March) – which accelerated […]
• AUDCHF reversed from resistance level 0.7070• Likely to fall to support level 0.690 AUDCHF currency pair recently reversed down from the strong resistance level 0.7070 (the previous monthly high from March) – ending the earlier wave (C). The resistance zone near the resistance level 1.2450 was strengthened by the upper daily Bollinger Band and […]
• HSI50 reversed from resistance level 22655.00• Likely to fall to support level 21275.00 HSI50 index recently reversed down from the key resistance level 22655.00 (former support level which has been reversing the price from the middle of December). The downward reversal from the resistance level 22655.00 started the active impulse wave (c). HSI50 index […]
• Alibaba reversed from resistance level 120.00• Likely to test support level 100.00 Alibaba recently reversed down from the key resistance level 120.00 (which has been reversing the price from the middle of March) standing near the resistance trendline of the daily down channel from January. The resistance zone near the resistance level 120.00 was […]
• USDCAD under bullish pressure• Likely to rise to resistance level 929.00 USDCAD currency pair under bullish pressure after the price reversed up from the strong support level 1.2450 (previous monthly low from January) – ending the earlier correction (2). The support zone near the support level 1.2450 was strengthened by the lower daily Bollinger […]