Tag: fxpro

Mar 29
EURNZD Wave Analysis – 29 March, 2022

• EURNZD reversed from support level 1.5710• Likely to rise to resistance level 1.6100 EURNZD earlier reversed up from the key support level 1.5710 (which stopped the previous sharp downward impulse wave 1), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.5710 started the active short-term correction (ii). Given […]

Mar 28
3M Wave Analysis – 28 March, 2022

• 3M reversed from resistance level 149.10• Likely to fall to support level 145.00 3M earlier reversed down from the key resistance level 149.10 (which has been reversing the price from last February), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from February. The downward reversal from […]

Mar 28
AUDUSD Wave Analysis – 28 March, 2022

• AUDUSD reversed from resistance level 0.7530• Likely to fall to support level 0.7430 AUDUSD currency pair recently reversed down from the pivotal resistance level 0.7530 (which has been reversing the price from last October), intersecting with the upper daily Bollinger Band. The resistance zone near the resistance level 0.7530 was further strengthened by the […]

Mar 26
Germany 50 Wave Analysis – 25 March, 2022

• Germany 50 reversed from resistance level 32000.00• Likely to fall to support level 30000. Germany 50 index recently reversed down from the resistance level 32000.00 (which has been reversing the price from last January). The resistance zone near the resistance level 32000.00 was strengthened by the 61.8% Fibonacci correction of the downward impulse 1 […]

Mar 25
AUDCAD Wave Analysis – 25 March, 2022

• AUDCAD reversed from resistance level 0.9425• Likely to fall to support level 0.9300 AUDCAD recently reversed down from the key resistance level 0.9425 (which has been reversing the price from last November) -strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 0.9425 stopped the previous intermediate ABC correction (2). […]

Mar 25
GBPNZD Wave Analysis – 25 March, 2022

• GBPNZD reversed from long-term support level 1.8900• Likely to rise to resistance level 1.9135 GBPNZD recently reversed up from the long-term support level 1.8900 (which has been reversing the price from the start of 2021) -strengthened by the lower daily Bollinger Band. The upward reversal from the support level 1.8900 stopped the previous intermediate […]

Mar 24
Spain 35 Wave Analysis – 24 March, 2022

• Spain 35 index reversed from resistance level 0.94• Likely to fall to support level 8200.00 Spain 35 index recently reversed down with the daily Bearish Engulfing from the pivotal resistance level 8465.00 (former strong support from January and February). The resistance zone near the resistance level 8465.00 was strengthened by the 61.8% Fibonacci correction […]

Mar 24
Nikkei 225 Wave Analysis – 24 March, 2022

• Nikkei 225 broke resistance level 27870.00• Likely to rise to resistance level 28765.00 Nikkei 225 index recently broke through the resistance level 27870.00 (which has been reversing the price from the middle of December). The breakout of the resistance level 27870.00 was preceded by the breakout of the 61.8% Fibonacci correction of the downward […]

Mar 24
Rolls Royce Wave Analysis – 24 March, 2022

• Rolls Royce reversed from resistance level 0.94• Likely to fall to support level 0.850 Rolls Royce recently reversed down from the resistance level 0.94 (which has been reversing the price from the start of March). The resistance zone near the resistance level 0.94 was strengthened by the 50% Fibonacci correction of the downward impulse […]

Mar 23
FR40 Wave Analysis – 23 March, 2022

• FR40 reversed from resistance level 6700.00• Likely to fall to support level 6500.00 FR40 index recently reversed down from the resistance level 6700.00 (former support which has been reversing the price from February). The resistance level 6700.00 was further strengthened by the 61.8% Fibonacci correction of the downward impulse 1 from February. FR40 index […]