Tag: fxpro
• NZDCHF reversed key resistance level 0.6275 • Likely to fall to support level 0.6177 NZDCHF recently reversed down from the powerful resistance level 0.6275 (which has been reversing the price from the start of December), intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from November. The […]
• Dow Jones reversed from resistance level 36800.00, • Likely to fall to support level 35000.00 Dow Jones index recently reversed down with the daily bearish Engulfing from the resistance level 36800.00, intersecting with the upper daily Bollinger Band and the weekly up channel from September. The downward reversal from the resistance level 36800.00 started […]
• USDCAD reversed from support level 1.2615 • Likely to rise to resistance level 1.2800 USDCAD currency pair recently reversed up from the key support level 1.2615 (which has been reversing the price from the start of December), intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) […]
• EURUSD reversed from key support level 1.1265 • Likely to rise to resistance level 1.1380 EURUSD currency pair recently reversed up from the key support level 1.1265 (lower boundary of the sideways price range from the middle of December). The upward reversal from the support level 1.1265 started the active short-term impulse waves C. […]
• AUS200 index reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 AUS200 index recently reversed down with the daily Bearish Engulfing from the major resistance 7645.00 (earlier multi-month high from August) – which started the active wave (ii). The resistance zone near resistance 7645.00 was strengthened by the upper […]
• Platinum reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 Platinum recently reversed down from the key round resistance level 1000.00 (which has been reversing the price from November). The resistance zone near the resistance level 1000.00 was strengthened by the upper daily Bollinger Band and by the 50% […]
• EURAUD broke key resistance level 1.5700• Likely to rise to resistance level 1.5865 EURAUD currency pair recently broke key resistance level 1.5700 (which has been reversing the price from December). The breakout of the resistance level 1.5700 accelerated the active short-term impulse waves 1 and (3). Given the rising euro bullishness seen today – […]
• HSI 50 reversed from support level 22680.00 • Likely to rise to resistance level 23500.00 HSI 50 index recently reversed up from the pivotal support level 22680.00 (previous monthly low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 22680.00 runs counter to the strong daily downtrend. […]
• Nike broke key support level 162.90 • Likely to fall to support level 155.00 Nike recently broke key support level 162.90 (low of the previous correction A) intersecting with the 50% Fibonacci correction of the previous upward impulse from December. The breakout of the support level 162.90 should accelerate the active ABC correction (2) […]
• GBPUSD reversed from resistance level 1.3500 • Likely to fall to support level 1.3375 GBPUSD currency pair recently reversed down from the key resistance level 1.3500 (which stopped the previous corrective wave (iv) in the middle of November). The resistance zone near the resistance level 1.3500 was strengthened by the upper daily Bollinger Band […]