Tag: fxpro

Gold reversed from long-term resistnace level 2075.00• Likely to fall to support level 1900.00 Gold recently reversed down from the powerful long-term resistnace level 2075.00 (which stopped the previous sharp upward trend in the middle of 2020) – standing far above the daily and the weekly Bollinger Bands. The downard reversal from the resistnace level […]

• NZDCAD reversed from resistnace level 0.8750• Likely to fall to support level 0.8650 NZDCAD recently reversed down from the key resistance level 0.8750 (which has been reversing the price from the start of December). The resistance zone near the resistance level 0.8750 was strengthened by the upper daily Bollinger Band and by the 61.8% […]

• FTSE 100 reversed from resistance area• Likely to fall to support level 7000.00 FTSE 100 index recently reversed down from the resistance area located between the key resistance level 7250.00 (former support from February and January) and the 50% Fibonacci correction of the downward impulse from February . The downward reversal from this resistance […]

• Alibaba broke support level 100.00• Likely to fall to support level 80.00 Alibaba recently broke the round support level 100.00 standing close to the support trendline of the daily down channel from the middle of January. The breakout of the support level 100.00 accelerated the active impulse waves (v) and 3 of the intermediate […]

• Amazon reversed from support area• Likely to rise to resistance level 3100.00 Amazon recently reversed up from the support area located between the key support level 2700.000 (previous monthly low from January) and the lower daily Bollinger Band. The upward reversal from this support area created the daily Long-legged Doji, which stopped the previous […]

• Dow Jones reversed from support area• Likely to rise to resistance level 34000.00 Dow Jones index recently reversed up from the support zone set between the strong support level 32325.00 (which has been reversing the price from the start of 2021), 61.8% Fibonacci correction of the upward impulse from lasy year and the lower […]

• CHFJPY reversed from support area• Likely to rise to resistance level 125.70 CHFJPY currency pair recently reversed up from the support area located between the key support level 124.00 (which has been reversing the price from the start of February) and the lower daily Bollinger Band. The upward reversal from this support area stopped […]

• EURCAD reversed from support area• Likely to rise to resistance level 1.41 EURCAD recently reversed up sharply from the support area located between the key support level 1.3800, weekly down channel from 2021 and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer. […]

• GBPCHF reversed from support area• Likely to rise to resistance level 1.2280 GBPCHF currency pair recently reversed up from the support area located between the multi-month support level 1.2135 (previous monthly low from October) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous impulse waves 5 and […]

• CADCHF reversed from support area• Likely to rise to resistance level 0.7300 CADCHF continues to rise after the earlier reversal from the support area located between the key support level 0.7200, lower daily Bollinger Band and the 61.8% Fibonacci correction of the previous upward wave 2 from December. The upward reversal from this support […]