Tag: fxpro

• Platinum reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 Platinum recently reversed down from the key round resistance level 1000.00 (which has been reversing the price from November). The resistance zone near the resistance level 1000.00 was strengthened by the upper daily Bollinger Band and by the 50% […]

• EURAUD broke key resistance level 1.5700• Likely to rise to resistance level 1.5865 EURAUD currency pair recently broke key resistance level 1.5700 (which has been reversing the price from December). The breakout of the resistance level 1.5700 accelerated the active short-term impulse waves 1 and (3). Given the rising euro bullishness seen today – […]

• HSI 50 reversed from support level 22680.00 • Likely to rise to resistance level 23500.00 HSI 50 index recently reversed up from the pivotal support level 22680.00 (previous monthly low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 22680.00 runs counter to the strong daily downtrend. […]

• Nike broke key support level 162.90 • Likely to fall to support level 155.00 Nike recently broke key support level 162.90 (low of the previous correction A) intersecting with the 50% Fibonacci correction of the previous upward impulse from December. The breakout of the support level 162.90 should accelerate the active ABC correction (2) […]

• GBPUSD reversed from resistance level 1.3500 • Likely to fall to support level 1.3375 GBPUSD currency pair recently reversed down from the key resistance level 1.3500 (which stopped the previous corrective wave (iv) in the middle of November). The resistance zone near the resistance level 1.3500 was strengthened by the upper daily Bollinger Band […]

• EURUSD reversed from resistance level 1.1370• Likely to fall to support level 1.12 EURUSD currency pair recently reversed down from the pivotal resistance level 1.1370 (which has been steadily reversing the price from the middle of November). The resistance zone near the resistance level 1.1370 was strengthened by the upper daily Bollinger Band, 50-day […]

• Platinum reversed from resistance level 975.00 • Likely to fall to support level 910.00 Platinum continues to fall after the earlier downward reversal from the key resistance level 975.00 (which has been reversing the price from the end of November). The downward reversal from the resistance level 975.00 created the daily Shooting Star – […]

• EURGBP reversed from support level 0.8380 • Likely to rise to resistance level 0.84543 EURGBP currency pair recently reversed up from the key support level 0.8380 (previous monthly low from November). The support zone near the support level 0.8380 was strengthened by the lower daily Bollinger Band and by the support trendline of the […]

• NZDUSD reversed from pivotal resistance level 0.6840 • Likely to test support level 0.6700 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6840 (former strong support from August) intersecting with the upper Bollinger Band and the 38.2% Fibonacci correction of the downward price impulse from November. The resistance zone near the […]

• USDCHF reversed from support level 0.9100 • Likely to rise to resistance level 0.9250 USDCHF currency pair recently reversed up from the support level 0.9100 (which has been repeatedly reversing the price from the middle of August). The support zone near the support level 0.9100 was strengthened by the lower Bollinger Band and by […]