Tag: Technical analysis

May 29
Silver Wave Analysis – 28 May 2025

Silver: ⬇️ Sell – Silver reversed from resistance level 33.70 – Likely to fall to support level 31.70 Silver recently reversed from the resistance level 33.70 (which is the upper border of the sideways price range inside which the price has been trading from April). The resistance area near the resistance level 33.70 was strengthened […]

May 29
FTSE 100 Wave Analysis – 28 May 2025

FTSE 100 index: ⬇️ Sell – FTSE 100 index reversed from key resistance level 8800.00 – Likely to fall to support level 8650,00 The FTSE 100 index recently reversed from the key resistance level 8800.00 (which has been steadily reversing the index from the start of February). The resistance area near the resistance level 8800.00 […]

May 28
Litecoin Wave Analysis – 27 May 2025

Litecoin: ⬆️ Buy – Litecoin reversed from key support level 92.65 – Likely to rise to resistance level 100,00 Litecoin cryptocurrency recently reversed from the key support level 92.65 (which stopped the previous minor correction (2) earlier in May). The support level 92.65 was strengthened by the 50% Fibonacci correction of the previous upward impulse […]

May 28
Nikkei 225 Wave Analysis – 27 May 2025

Nikkei 225: ⬆️ Buy – Nikkei 225 reversed from support level 36675,00 – Likely to rise to resistance level 38800,00 Nikkei 225 index recently reversed up from the pivotal support level 36675,00 (which formed the daily Japanese candlesticks reversal pattern Morning Star at the start of May). The support level 36675,00 strengthened by the 20-day […]

May 28
Solana Wave Analysis – 27 May 2025

Solana: ⬆️ Buy – Solana rising inside daily up channel – Likely to reach resistance level 186.10 Solana cryptocurrency recently reversed up from the support trendline of the daily up channel from the start of April (coinciding with the 20-day moving average). The upward reversal from this support trendline continues the active impulse wave 3 […]

May 28
NZDUSD Wave Analysis – 27 May 2025

NZDUSD: ⬇️ Sell – NZDUSD reversed from the pivotal resistance level 0.6020 – Likely to fall to support level 0.5900 NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6020 (which has been reversing the price from November). The downward reversal from the resistance level 0.6020 formed the daily Shooting Star – which […]

May 27
Bitcoin Wave Analysis – 26 May 2025

Bitcoin: ⬆️ Buy – Bitcoin reversed from support level 106850,00 – Likely to rise to resistance level 111830.00 Bitcoin cryptocurrency pair recently reversed up from the support level 106850,00 (which has been reversing the price during the last few trading sessions), intersecting with the 50% Fibonacci correction of the previous upward impulse from last week. […]

May 27
Platinum Wave Analysis – 26 May 2025

Platinum: ⬇️ Sell – Platinum reversed from long-term resistance level 1095,00 – Likely to fall to support level 1075.00 Platinum recently reversed down from the major long-term resistance level 1095,00 (former yearly high from 2024), which stopped the previous weekly impulse wave A. The resistance level 1095,00 was strengthened by the upper daily and the […]

May 27
EURJPY Wave Analysis – 26 May 2025

EURJPY: ⬆️ Buy – EURJPY reversed from key support level 161.40 – Likely to rise to resistance level 165.00 EURJPY currency pair recently reversed up from the key support level 161.40 (which has been reversing the price from the middle of April), coinciding with the lower daily Bollinger Band The upward reversal from the support […]

May 27
S&P 500 Wave Analysis – 26 May 2025

S&P 500: ⬆️ Buy – S&P 500 reversed from support level 5775,00 – Likely to rise to resistance level 5970,00 S&P 500 index recently reversed up from the pivotal support level 5775,00 (former resistance from March, which formed the daily Japanese candlesticks reversal pattern Evening Star). The support level 5775,00 was strengthened 20-day moving average […]