Tag: fxpro

• CHFJPY broke key resistance level 127.00• Likely to rise to resistance level 129.00 CHFJPY continues to rise after the earlier breakout of the key resistance level 127.00 (previous monthly top from January) The breakout of the resistance level 127.00 accelerated the active short-term impulse wave (iii) of wave (3) from last month. CHFJPY can […]

• CHFJPY broke key resistance level 127.00• Likely to rise to resistance level 129.00 CHFJPY recently broke the key resistance level 127.00 (previous multi-month high from January – which stopped the previous impulse wave (5)). The breakout of the resistance level 127.00 accelerated the active medium-term impulse wave (3). CHFJPY can be expected to rise […]

• Nikkei 225 reversed from support level 25000.00• Likely to rise to resistance level 28000.00 Nikkei 225 index recently reversed up with the weekly Hammer from the key support level 25000.00 intersecting with the lower weekly Bollinger Band. The upward reversal from the support level 25000.00 stopped the previous weekly impulse waves 3 and (C). […]

• CADCHF reversed from resistance level 0.7420• Likely to fall to support level 0.7350 CADCHF recently reversed down from the pivotal resistance level 0.7420 (previous monthly high from November), intersecting with the upper daily Bollinger Band. The downward reversal from the resistance level 0.7420 stopped the previous impulse waves (iii), (c). CADCHF can be expected […]

• EURJPY broke key resistnace level 130.00• Likely to rise to resistnace level 132.00 EURJPY recently broke the key resistnace level 130.00, intersecting with the 61.8% Fibonacci correction of the downward impulse from February . The breakout of the resistnace level 130.00 accelerated the active short-term correciton (ii). EURJPY can be expected to rise further […]

• Silver reversed from support level 24.50• Likely to rise to resistance level 20.50 Silver recently reversed up twice from the key support level 24.50 (previous monthly high from January), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversals from this support level 24.50 created the two daily […]

• Platinum reversed from support zone• Likely to rise to resistance level 1040. Platinum recently reversed up from the support zone located between the support levels 1000.00 and 990.00 (which have been reversing the price from November), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversal from this […]

• Gold broke key support level 1950.00• Likely to fall to support level 1880.00 Gold recently broke the key support level 1950.00, intersecting with the 38.2% Fibonacci correction of the upward impulse from January. The breakout of the support level 1950.00 coincided with the breakout of the support trendline of the daily up channel from […]

• AUDCHF reversed from support level 0.6730• Likely to rise to 0.6860 AUDCHF currency pair recently reversed up from the key support level 0.6730 (which has been reversing the pair from the start of this month). The support zone near the support level 0.6730 was strengthened by the 38.2% Fibonacci correction of the upward impulse […]

• EURGBP reversed from resistance level 0.8450• Likely to fall to support level 0.8360 EURGBP recently reversed down from the key resistance level 0.8450 (which has been reversing the price from the start of February). The resistance zone near the resistance level 0.8450 was strengthened by the upper daily Bollinger Band, resistance trendline of the […]