Tag: fxpro
• 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 […]
• Platinum under bearish pressure• Likely to fall to support level 929.00 Platinum under bearish pressure after the price broke below the support level 966.00 (which has been reversing the price from the middle of January). The breakout of the support level 966.00 accelerated the active impulse wave C, which belongs to wave (2) from […]
• Natural gas breaks round resistance level 6.0• Likely to rise to resistance level 6.270 Natural gas under the bullish pressure after the price broke through the resistance level 5.8 (which has been reversing the price from November. The breakout of the resistance level 5.8 accelerated the active impulse wave 3, which then broke the […]
• USDJPY reversed from key support level 121.00• Likely to rise to resistance level 125.00 USDJPY recently reversed up with the daily Morning Star from the key support level 121.00 intersecting with the 38.2% Fibonacci correction of the upward impulse from March. The support area near the support level 121.00 was further strengthened by the […]
• NZDUSD reversed from key support level 0.6885• Likely to rise to resistance level 0.7000 NZDUSD recently reversed up with the daily Long-Legged Doji from the key support level 0.6885 (former monthly high from January). The support area near the support level 0.6885 was strengthened by the 20-day moving average and 38.2% Fibonacci correction of […]