Tag: fxpro

Apr 04
EURCHF Wave Analysis – 4 April, 2022

• EURCHF broke key support level 1.020• Likely to fall to support level 1.01 EURCHF currency pair recently broke the key support level 1.020 (which has been reversing the pair from the start of March). The breakout of the support level 1.020 coincided with the breakout of the 50% Fibonacci correction of the upward ABC […]

Apr 02
USDCHF Wave Analysis – 1 April, 2022

• USDCHF reversed from key support level 0.9200• Likely to rise to resistance level 0.9300 USDCHF recently reversed up from the key support level 0.9200, intersecting with the lower daily Bollinger Band. The support area near the support level 0.9200 was further strengthened by the support trendline of the weekly up channel from June and […]

Apr 01
Cisco Wave Analysis – 1 April, 2022

• Cisco reversed from key resistance level 56.70• Likely to fall to support level 53.60 Cisco recently reversed down with the two daily Shooting Stars from the key resistance level 56.70 (upper border of the sideways price range from January). The resistance area near the resistance level 56.70 was strengthened by the upper daily Bollinger […]

Apr 01
Nasdaq-100 Wave Analysis – 1 April, 2022

• Nasdaq-100 reversed from resistance level 15200.00• Likely to fall to support level 14400.00 Nasdaq-100 index recently reversed down from the pivotal resistance level 15200.00 (which has been reversing the price from January). The resistance area near the resistance level 15200.00 created the daily Evening Star – which stopped the previous wave (1). Nasdaq-100 can […]

Mar 31
EURUSD Wave Analysis – 31 March, 2022

• EURUSD reversed from resistance level 1.1140• Likely to fall to support level 1.1000 EURUSD currency pair recently reversed down sharply from the key resistance level 1.1140 (former strong support from January). The resistance area near the resistance level 1.1140 was strengthened by the upper daily Bollinger Band and by the 50% Fibonacci correction of […]

Mar 31
Silver Wave Analysis – 31 March, 2022

• Silver reversed from support level 24.50• Likely to rise to resistance level 25.85 Silver recently reversed up with the daily Hammer from the strong support level 24.50 (the previous monthly high from January). The support area near the support level 24.50 was strengthened by the lower daily Bollinger Band and the 50% Fibonacci retracement […]

Mar 31
EURGBP Wave Analysis – 31 March, 2022

• EURGBP reversed from resistance level 0.8480• Likely to fall to support level 0.8400 EURGBP currency pair recently reversed down sharply from the strong resistance level 0.8480 (the previous monthly high from February). The resistance area near the resistance level 0.8480 was strengthened by the upper daily Bollinger Band, the daily down channel from May, […]

Mar 30
NZDCAD Wave Analysis – 30 March, 2022

• NZDCAD reversed from support level 0.8615• Likely to rise to resistance level 0.8775 NZDCAD recently reversed up with the daily Piercing Line from the key support level 0.8615 (which has been reversing the price from the start of March). The support zone near the support level 0.8615 was strengthened by the lower daily Bollinger […]

Mar 30
Gold Wave Analysis – 30 March, 2022

• Gold reversed from the key support level 1900.00• Likely to rise to resistance level 1960.00 Gold recently reversed up with the daily Hammer from the key support level 1900.00 (which has been repeatedly reversing the price from the middle of February). The support zone near the support level 1900.00 was strengthened by the lower […]

Mar 29
Platinum Wave Analysis – 29 March, 2022

• Platinum broke round support level 1000.00• Likely to fall to support level 959.00 Platinum recently broke the round support level 1000.00 (which has been repeatedly reversing the price from last January). The breakout of the support level 1000.00 coincided with the breakout of the 61.8% Fibonacci correction of the previous wave (B) from December. […]