Tag: fxpro
• MMM under bearish pressure • Likely to fall to support level 105.00 MMM under the bearish pressure after the earlier breakout of the round support level 110.00 which stopped the earlier impulse wave i at the end of September), intersecting with the support trendline of the wide down channel from January. The breakout of […]
• WTI broke resistance level 88.90 • Likely to rise to resistance level 95.00 WTI crude oil previously broke the resistance level 88.90 (former top of the minor correction (iv) from the start of September). The breakout of the resistance level 88.90 was preceded by the breakout of the resistance trendline from June and the […]
• EURGBP reversed from support level 0.8675 • Likely to rise to resistance level 0.8800 EURGBP currency pair recently reversed up from the key support level 0.8675 (previous monthly high from June), intersecting with the 61.8% Fibonacci correction of the upward impulse from August. The upward reversal from this support level 0.8675 stopped the earlier […]
• Bank of America reversed from round support level 30.00 • Likely to rise to resistance level 34.00 Bank of America previously reversed up from the round support level 30.00 (which stopped the earlier extended downward impulse wave (C) from the middle of March). The upward reversal from the support level 30.00 stopped the earlier […]
• GBPUSD reversed from resistance level 1.1490 • Likely to fall to support level 1.1000 GBPUSD currency pair recently reversed down from the key resistance level 1.1490 (former strong support from the start of September), intersecting with the 61.8% Fibonacci correction of the earlier sharp downward impulse from August. The downward reversal from this resistance […]
• GBPAUD reversed from resistance level 1.7650 • Likely to fall to support level 1.7400 GBPAUD currency pair recently reversed down from the multi-month resistance level 1.7650 (previous monthly high from August), intersecting with the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January. The downward reversal from the […]
• EURJPY reversed from resistance level 144.00 • Likely to fall to support level 142.00 EURJPY currency pair recently reversed down from the key resistance level 144.00 (which has been reversing the price from the start of June). The downward reversal from the resistance level 144.00 stopped the earlier short-term impulse wave 3. Given the […]
• GBPJPY reversed from support level 156.00 • Likely to rise to resistance level 168.00 GBPJPY currency pair recently reversed up from the key support level 156.00 (lower boundary of the sideways price range inside which the pair has been trading from April). The upward reversal from the support level 156.00 started the active medium-term […]
• CADJPY reversed from support level 104.90 • Likely to rise to resistance level 107.25 CADJPY currency pair recently reversed up from the key support level 104.90 (former resistance from the start of March), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from May. The upward reversal from the support […]
• AUDJPY reversed from long-term support level 92.35 • Likely to rise to resistance level 94.00 AUDJPY recently reversed up from the long-term support level 92.35 (which has been reversing the pair from the middle of June), strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward impulse from […]
