Tag: fxpro
• EURGBP reversed from resistnace area• Likely to fall to support level 0.8450 EURGBP currency pair recently reversed down from the resistnace area located between the key resistnace level 0.8590 (which has been reversing the pair from November), upper dialy Bollinger Band and the upper trendline of the daily up channel from March. The downard […]
• WTI reversed from support area• Likely to rise to resistance level 108.80 WTI crude oil recently reversed up from the support area located between the key support level 97.60 (which has been reversing the pair from April) and the lower daily Bollinger Band. The price is currently forming the daily Bullish Engulfing – which […]
• EURCAD reversed from resistance area• Likely to fall to support level 1.3600 EURCAD recently reversed down from the resistance area located between the key resistance level 1.3750 (which has been reversing the pair from March) and the upper daily Bollinger Band. This resistance area was further strengthened by the 50% Fibonacci correction of the […]
????Peloton Plummets!????Peloton stock is set to open -26% after reporting a deeper than expected loss in its latest earnings report. The company also cut revenue guidance and CEO Barry McCarthy warned that they are “thinly capitalized.” The stock has had a difficult year so far, with the price in January falling below its IPO price […]
• Silver under strong bearish pressure• Likely to fall to support level 21.00 Silver under the strong bearish pressure after the price broke below the long-term support level 22.00 (the previous monthly low from January and February). The breakout of support level 22.00 accelerated the active intermediate ABC correction (2) from the start of March. […]
• AUDUSD broke support zone• Likely to fall to support level 0.6900 AUDUSD currency pair recently broke the support zone lying between support levels 0.7025 (low of the previous wave (1)) and 0.7000. The breakout of this support zone accelerated the active impulse wave 3 of the medium-term impulse wave (3) from the start of […]
• WTI crude oil reversed from resistance zone• Likely to fall to support level 105.00 WTI crude oil recently reversed down from the resistance zone lying between the key resistance level 108.80 (top of the previous impulse wave 1) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier […]
• NZDUSD broke key support level 0.6410• Likely to fall to support level 0.6300 NZDUSD currency pair under the bearish pressure after the price broke the key support level 0.6410 (which reversed the price sharply at the start of this month). The breakout of the support level 0.6410 accelerated the active impulse waves 3 and […]
• Standard Chartered reversed from resistance zone• Likely to fall to support level 5.510 Standard Chartered earlier reversed down from the resistance zone lying between the multi-month resistance level 5.8 (which stopped the sharp uptrend in February) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier impulse wave […]
• EUR50 broke the support zone• Likely to fall to support level 3600.00 EUR50 index recently broke the support zone lying between the key support level 3700.00 (which stopped wave (i) at the end of April) and the 50% Fibonacci correction of the upward impulse (1) from March. The breakout of this support zone accelerated […]