Tag: Technical analysis
Silver: ⬆️ Buy – Silver broke round resistance level 50.00 – Likely to reach resistance level 54.00 Silver continues to rise inside the intermediate impulse wave (5), which started earlier from the support zone between the support level 46.00, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from August. The […]
DAX index: ⬆️ Buy – DAX index reversed from support level 23500.00 – Likely to rise to resistance level 24695.00 DAX index recently reversed with the daily Hammer from the support level 23500.00 (lower border of the sideways price range inside which the index has been moving from July, as can be seen from the daily DAX chart below). […]
EURUSD: ⬆️ Buy – EURUSD reversed from support zone – Likely to rise to resistance level 1.1740 EURUSD currency pair recently reversed up from the support area between the strong support level 1.1570 (which has been reversing the price from August), lower daily Bollinger Band and the support trendline of the daily up channel from July. […]
Ethereum: ⬆️ Buy – Ethereum reversed from support zone – Likely to rise to resistance level 4095,00 Ethereum cryptocurrency recently reversed up from the support zone between the strong support level 3745.00 (which reversed the price multiple times this month) and the 38.2% Fibonacci correction of the upward impulse from June. The upward reversal form this […]
Nvidia: ⬆️ Buy – Nvidia reversed from support zone – Likely to rise to resistance level 190.00 Nvidia recently reversed up from the support zone between the key support level 178.20 (which stopped the previous minor wave a, as can be seen from the daily Nvidia chart below), support trendline of the daily up channel […]
Google: ⬆️ Buy – Google broke key resistance level 255.00 – Likely to rise to resistance level 270.00 Google broke above the key resistance level 255.00 (which stopped the previous impulse waves 3 and i, as can be seen from the daily Google chart below). The breakout of the resistance level 255.00 accelerated the active […]
AUDUSD: ⬇️ Sell – AUDUSD broke support level 0.6525 – Likely to fall to support level 0.6410 AUDUSD currency pair recently broke the support zone between the support level 0.6525 (low of wave (1) from September), 61.8% Fibonacci correction of the upward impulse (C) from August and the support trendline from April. The breakout of […]
NZDUSD: ⬇️ Sell – NZDUSD broke support zone – Likely to fall to support level 0.5660 NZDUSD currency pair recently broke the support zone between the support level 0.5750 (which reversed the price in September) and the support trendline of the daily down channel from June. The breakout of this support zone should accelerate the […]
Baidu: ⬆️ Buy – Baidu rising inside weekly impulse wave C – Likely to rise to resistance level 156.35 Baidu recently reversed up from the key support level 141.50 (former monthly high from September, acting as the support after it was broken). The upward reversal from the support level 141.50 continues the active weekly impulse wave C […]
Microsoft: ⬆️ Buy – Microsoft rising inside impulse wave (3) – Likely to rise to resistance level 531.00 Microsoft recently broke the resistance zone between the key resistance level 515.80 (which stopped the previous impulse wave (1) in September) and the 50% Fibonacci correction of the downward correction from July. The breakout of this resistance […]