Tag: fxpro
• Dow Jones reversed from support level 28620.00 • Likely to rise to resistance level 30500.00 Dow Jones index recently reversed up from the key support level 28620.00 (which stopped the previous short-term impulse wave 1), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 28620.00 stopped the earlier impulse […]
• GBPJPY reversed from resistance level 167.40 • Likely to fall to support level 165.3. GBPJPY currency pair recently reversed down from the strong resistance level 167.40 (which is the upper boundary of the sideways price range inside which the pair has been moving from April). The resistance area near the resistance level 167.40 was […]
• GBPAUD reversed from resistance zone • Likely to fall to support level 1.7400 GBPAUD currency pair recently reversed down from the resistance zone lying between the strong resistance level 1.7650 (which has been reversing the pair from July) and the upper daily Bollinger Band. The downward reversal from this resistance zone is aligned with […]
• FTSE 100 falling inside impulse wave 5 • Likely to fall to support at 6700.00 FTSE 100 index continues to fall inside the sharp downward impulse wave 5 which started earlier from the key resistance level 7125.00 (previous monthly low from April), intersecting with the 20-day moving average. The active impulse wave 5 belongs […]
• Silver reversed from resistance area • Likely to fall to support level 18.20 Silver recently reversed down from the resistance area located between the key multi-month resistance level 21.00 (which has been reversing the price from June) and the upper daily Bollinger Band. This resistance area was further strengthened by the 38.2% Fibonacci correction […]
• USDCHF reversed from resistance zone • Likely to fall to support level 0.9915 USDCHF recently reversed down from the resistance zone lying between the key resistance level 1.0025 (which has been reversing the pair from May), upper daily Bollinger Band and the resistance trendline of the daily up channel from April. The downward reversal […]
• NZDJPY reversed from support zone • Likely to rise to resistance level 82.30 NZDJPY recently reversed up from the support zone lying between the key support level 80.60 (which has been reversing the pair from May) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier short-term corrective […]
• AUDUSD under bearish pressure • Likely to fall to support level 0.6200 AUDUSD under the bearish pressure after the earlier breakout of the support zone lying at the intersection of the support level 0.6400 (low of the earlier impulse wave (i)) and the support trendline of the daily down channel from April. The breakout […]
• USDCHF under bullish pressure • Likely to rise to resistance level 1.0050 USDCHF under the bullish pressure after the earlier breakout of the key resistance level 0.9940 (which has been reversing the pair from the end of September). The breakout of the resistance level 0.9940 accelerated the active short-term impulse waves (c) and 3. […]
• AUDNZD reversed from support level 1.1255 • Likely to rise to resistance level 1.1400 AUDNZD currency pair earlier reversed up from the support level 1.1255 (former monthly high from August), upper trendline of the recently broken up channel from April and the 50% Fibonacci correction of the upward impulse from August. The upward reversal […]
