Tag: fxpro
• EURJPY broke key resistnace level 130.00• Likely to rise to resistnace level 132.00 EURJPY recently broke the key resistnace level 130.00, intersecting with the 61.8% Fibonacci correction of the downward impulse from February . The breakout of the resistnace level 130.00 accelerated the active short-term correciton (ii). EURJPY can be expected to rise further […]
• Silver reversed from support level 24.50• Likely to rise to resistance level 20.50 Silver recently reversed up twice from the key support level 24.50 (previous monthly high from January), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversals from this support level 24.50 created the two daily […]
• Platinum reversed from support zone• Likely to rise to resistance level 1040. Platinum recently reversed up from the support zone located between the support levels 1000.00 and 990.00 (which have been reversing the price from November), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversal from this […]
• Gold broke key support level 1950.00• Likely to fall to support level 1880.00 Gold recently broke the key support level 1950.00, intersecting with the 38.2% Fibonacci correction of the upward impulse from January. The breakout of the support level 1950.00 coincided with the breakout of the support trendline of the daily up channel from […]
• AUDCHF reversed from support level 0.6730• Likely to rise to 0.6860 AUDCHF currency pair recently reversed up from the key support level 0.6730 (which has been reversing the pair from the start of this month). The support zone near the support level 0.6730 was strengthened by the 38.2% Fibonacci correction of the upward impulse […]
• EURGBP reversed from resistance level 0.8450• Likely to fall to support level 0.8360 EURGBP recently reversed down from the key resistance level 0.8450 (which has been reversing the price from the start of February). The resistance zone near the resistance level 0.8450 was strengthened by the upper daily Bollinger Band, resistance trendline of the […]
• S&P 500 reversed from support level 4140.00• Likely to rise to resistance level 4300.00 S&P 500 index recently reversed up from the key support level 4140.00 (which has been reversing the index from the middle of last year). The support zone near the support level 4140.00 was strengthened by the lower daily Bollinger Band. […]
• Dow Jones reversed from support zone • Likely to rise to resistance level 34000.00 Dow Jones recently reversed up from the support zone located between the support level 32310.00 (which has been steadily reversing the index from the start of 2021) and the lower weekly Bollinger Band. This support zone was further strengthened by […]
• USDJPY broke resistance level 116.30 • Likely to rise to resistance level 119.00 USDJPY continues to rise strongly after the earlier breakout of the key resistance level 116.30 (previous monthly high from January and February). The breakout of the resistance level 116.30 accelerated the active impulse waves (iii), 3 and (3). Given the clear […]
• GBPCAD broke key support level 1.670• Likely to fall to support level 1.6575 GBPCAD recently broke the key support level 1.670 (which has been reversing the price from the start of November). The breakout of the support level 1.670 continues the active short-term impusle wave (iii) of the higher order impulse wave 3 from […]