• Gold reversed from support zone • Likely to rise to resistance level 1875.00 Gold recently reversed up from the support zone located between the key support level 1850.00 (previous resistance from January) and the 50% Fibonacci correction of the previous sharp upward impulse from last week. The upward reversal from this support zone continues […]
• GER50 reversed from support zone • Likely to rise to resistance level 34000.00 GER50 index recently reversed up from the support zone located between the key support level 32120.00 (which stopped wave (C) in January) and the lower daily Bollinger Band. The upward reversal from this support zone created the daily Hammer reversal signal […]
• NZDCHF reversed from support zone • Likely to fall to resistance level 0.6200 NZDCHF currency pair recently reversed up from the support zone located between the key support level 0.6100 (which has been reversing the pair from the start of January) and the lower daily Bollinger Band. The upward reversal from this support zone […]
• Bank of America reversed from resistance zone • Likely to fall to support level 44.00 Bank of America recently reversed down from the resistance zone located between the round level resistance 50.00 (top of wave B from January) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the previous […]
• NZDCAD reversed from resistance zone • Likely to fall to support level 0.8350 NZDCAD currency pair recently reversed down from the resistance zone located between the resistance level 0.8500 (former support from the start of January), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from December. The downward reversal […]
• EURGBP reversed from resistance zone • Likely to fall to support level 0.8320 EURGBP currency pair recently reversed down from the resistance zone lying between the key resistance level 0.8460 (former support from December), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse from December. The downward reversal from this […]
• Brent reversed from support zone • Likely to rise to resistance level 93.35 Brent recently reversed up from the support area located between the key support level 90.00 (former resistance from January), 38.2% Fibonacci correction of the upward impulse (i) from January and the support trendline of the daily up channel from December. The […]
• Platinum reversed from resistance zone • Likely to fall to support level 1000.00 Platinum recently reversed down from the resistance zone lying between the pivotal resistance level 1055.00 (which has been reversing the price from last month), upper daily Bollinger Band, 200-day moving average and the 61.8% Fibonacci correction of the downward impulse from […]
• NZDUSD broke key resistance level 0.6700 • Likely to rise to resistance level 0.6800 NZDUSD currency pair recently broke the key resistance level 0.6700 (former strong support from the start of December). The breakout of the resistance level 0.6700 coincided with the breakout of the 50% Fibonacci correction of the previous sharp downward impulse […]
• FTSE 100 broke key resistance level 7620.00 • Likely to rise to resistance level 7800.00 FTSE 100 index recently broke above the key resistance level 7620.00 (which has been reversing the price from the middle of January as can be seen from the daily FTSE 100 chart below). The breakout of the resistance level […]