Tag: fxpro

• Novartis broke round resistance level 90.00 • Likely to rise to resistance level 91.30 Novartis continues to rise steadily after the earlier breakout of the round resistance level 90.00 (which reversed the price earlier this month). The breakout of the resistance level 90.00 accelerated the active minor impulse wave 1 of the intermediate upward […]

• Gold reversed from resistance level 1826.71 • Likely to fall to support level 1800.00 Gold recently reversed down from the pivotal resistance level 1826.71, intersecting with the daily upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward correction (ii) from November. The downward reversal from the resistance level 1826.71 stopped the […]

• AIG reversed from key resistance level 62.00 • Likely to fall to support level 59.00 AIG recently reversed down from the pivotal key resistance level 62.00 (former monthly high from November), strengthened with the upper daily Bollinger Band. The downward reversal from the resistance level 62.00 stopped the previous intermediate impulse wave (3). Given […]

• USDCHF reversed resistance level 0.9250 • Likely to fall to support level 0.9110 USDCHF recently reversed down from the pivotal resistance level 0.9250 (which has been reversing the price from the end of November), intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward wave (ii) from November. The […]

• Amazon reversed from support level 3132.30 • Likely to rise to resistance level 3330.00 Amazon recently reversed up from the key support level 3132.30 (previous monthly low from May), intersecting with the lower daily Bollinger Band and the support trendline of the daily down channel from the middle of November. The upward reversal from […]

• NZDCHF reversed key resistance level 0.6275 • Likely to fall to support level 0.6177 NZDCHF recently reversed down from the powerful resistance level 0.6275 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The […]

• Dow Jones reversed from resistance level 36800.00, • Likely to fall to support level 35000.00 Dow Jones index recently reversed down with the daily bearish Engulfing from the resistance level 36800.00, intersecting with the upper daily Bollinger Band and the weekly up channel from September. The downward reversal from the resistance level 36800.00 started […]

• USDCAD reversed from support level 1.2615 • Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.2615 (which has been reversing the price from the start of December), intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) […]

• EURUSD reversed from key support level 1.1265 • Likely to rise to resistance level 1.1380 EURUSD currency pair recently reversed up from the key support level 1.1265 (lower boundary of the sideways price range from the middle of December). The upward reversal from the support level 1.1265 started the active short-term impulse waves C. […]

• AUS200 index reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 AUS200 index recently reversed down with the daily Bearish Engulfing from the major resistance 7645.00 (earlier multi-month high from August) – which started the active wave (ii). The resistance zone near resistance 7645.00 was strengthened by the upper […]