Tag: fxpro
• Gold broke resistance level 1825.00 • Likely to rise to resistance level 1860.00 Gold continues to rise after the earlier breakout of the resistance level 1825.00 (top of the previous impulse wave (i)), intersecting with the 61.8% Fibonacci correction of the earlier downward correction from November. The breakout of the resistance level 1825.00 continues […]
• EURCAD reversed from key support level 1.4170 • Likely to rise to resistance level 1.4250 EURCAD recently reversed up from the key support level 1.4170 (previous Double Bottom from November), – strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.4170 stopped the previous sharp downward impulse waves (iii) […]
• General motors reversed from resistance level 65.00 • Likely to fall to support level 55.00 General motors recently reversed down from the multi-month resistance level 65.00 (which has been reversing the price from last year), intersecting with the upper weekly Bollinger Band. The downward reversal from the resistance level 65.00 created the weekly reversal […]
• EURUSD reversed from resistance level 1.1470 • Likely to fall to support level 1.13 EURUSD currency pair recently reversed down from the resistance level 1.1470, intersecting with the upper daily Bollinger Band and the daily up channel from November. The downward reversal from the resistance level 1.1470 is aligned with the clear daily downtrend. […]
• USDJPY reversed from support level 113.50 • Likely to rise to resistance level 115.00 USDJPY currency pair recently reversed up with the clearly formed daily Hammer from the support level 113.50 (which has been reversing the price from October), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 113.50 […]
• AUDNZD reversed from support level 1.0575 • Likely to rise to resistance level 1.0640 AUDNZD currency pair recently reversed up from the key support level 1.0575 (low of the sideways price range, which has been reversing the price from the start of December), intersecting with the lower daily Bollinger Band. The upward reversal from […]
• USDCHF reversed from key support level 0.9100 • Likely to rise to resistance level 0.9150 USDCHF currency pair recently reversed up from the key support level 0.9100 (which has been reversing the price from August), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 0.9100 stopped the previous short-term […]
• Nikkei 225 reversed from support level 27900.00 • Likely to rise to resistance level 28750.00 Nikkei 225 index recently reversed down from the key support level 27900.00 (which has been reversing the price from the middle of December), strengthened by the lower daily Bollinger Band. The upward reversal from the support level 27900.00 is […]
• USDCHF reversed from resistance level 0.6855 • Likely to fall to support level 0.6800 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6855 (former monthly low from September), strengthened by the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The downward reversal from the […]
• USDJPY broke daily up channel • Likely to fall to support level 113.50 USDJPY currency pair recently broke the key support level 114.50, intersecting with the daily up channel from November and the 50% Fibonacci correction of the upward impulse 3. The breakout of the support level 114.50 accelerated the active short-term correction 4 […]
