Tag: fxpro
• Dow Jones reversed from support area • Likely to rise to resistance level 35000.00 Dow Jones index today reversed up from the support area located between the multi-month support level 33425.00 (which has been reversing the index from the start of 2021), lower weekly Bollinger Band and the 50% Fibonacci correction of the previous […]
• Brent reversed from support area • Likely to rise to resistance level 95.25 Brent crude oil recently reversed up from the combined support area located between the round support level 90.00 (former resistance from the end of January), 20-day moving average and the 50% Fibonacci correction of the previous impulse wave (v) from last […]
• EURCHF broke support area • Likely to fall to support level 1.0320. EURCHF currency pair recently broke the support area located between the key support level 1.0430 (former top of wave A from the end of January) and the 50% Fibonacci correction of the previous ABC correction (4). The breakout of this support area […]
• GBPCAD reversed from resistance level 1.7300 • Likely to fall to support level 1.7155. GBPCAD currency pair recently reversed down from the resistance level 1.7300 (which has been repeatedly reversing the price from the start of January). The resistance zone near the resistance level 1.7300 was strengthened by the upper daily Bollinger Band. Given […]
• EURNZD broke daily up channel • Likely to fall to support level 1.6800 EURNZD currency pair recently broke the round support level 1.700, intersecting with the support trendline of the daily up channel from last November. The breakout of the support level 1.700 accelerated the active minor impulse wave (i) – which belongs to […]
• WTI broke round support level 90.00 • Likely to fall to support level 86.00 WTI crude oil recently broke the round support level 90.00, intersecting with the support trendline of the daily up channel from December and the 38.2% Fibonacci correction of the previous upward impulse from January. The breakout of the support level […]
• Gold broke key resistance level 1875.00 • Likely to rise to resistance level 1920.00 Gold continues to rise after the earlier breakout of the key resistance level 1875.00, which was set as the likely upward target in earlier forecast of this instrument. The breakout of the resistance level 1875.00 should accelerate the active short-term […]
• Citibank falling inside impulse wave 3 • Likely to reach support level 64.68 Citibank continues to fall inside the impulse wave 3, which started earlier from the key resistance level 68.00 (which has been reversing the price from November), intersecting with the 50% Fibonacci correction of the previous downtrend from June. The active impulse […]
• EURGBP broke support level 0.8350 • Likely to fall to support level 0.8285 EURGBP currency pair recently broke the key support level 0.8350 (low of the previous wave A), intersecting with the 61.8% Fibonacci correction of the previous wave (1). The breakout of the resistance level 0.8350 should accelerate the active short-term ABC correction […]
• GBPUSD reversed from support zone • Likely to rise to resistance level 1.3645 GBPUSD recently reversed up from the support area set between the pivotal support level 1.3500 (which has been reversing the price from the start of February) and the 50% Fibonacci correction of the previous upward correction from January. The upward reversal […]