Tag: Technical analysis
Visa: ⬇️ Sell – Visa broke daily up channel – Likely to fall to support level at 332.90 Visa recently broke the support zone located between the support level 345,00 (which reversed the price earlier this month) and the 38.2% Fibonacci correction of the upward impulse from the start of April. The breakout of this […]
Coca-Cola: ⬇️ Sell – Coca-Cola broke the support zone – Likely to fall to support level at 68.55 Coca-Cola recently broke the support zone located between the support level 70.35 (which reversed the price twice from May) and the 61.8% Fibonacci correction of the upward impulse 1 from May. The breakout of this support zone […]
USDCAD: ⬆️ Buy – USDCAD broke daily down channel – Likely to rise to the resistance level at 1.3730 USDCAD currency pair recently broke the resistance trendline of the daily down channel from the start of May. The breakout of this down channel follows the earlier upward reversal from the pivotal support level 1.3545 coinciding […]
Gold: ⬇️ Sell – Gold reversed from resistance level 3445.00 – Likely to fall to support level 3300.00 Gold recently reversed with the Bearish Engulfing from the resistance level 3445.00, which is the lower border of the resistance area which has been reversing the price from April. The resistance level 3445.00 was further strengthened by […]
Home Depot: ⬇️ Sell – Home Depot broke support zone – Likely to fall to support level at 340.00 Home Depot recently broke the support zone located between the support level 352.00 (low of wave A from April) and the 61.8% Fibonacci correction of the ABC correction (2) from April. The breakout of this support […]
Adobe: ⬇️ Sell – Adobe broke support zone – Likely to fall to support level 364.90 Adobe recently broke through the support zone located between the support level 392.85 (which stopped wave A at the end of May) and the 61.8% Fibonacci correction of the upward impulse (1) from April. The breakout of this support […]
GBPUSD: ⬇️ Sell – GBPUSD reversed from the resistance level 1.3615 – Likely to fall to support level at 1.3400 GBPUSD currency pair recently reversed down from the key resistance level 1.3615 (which has been reversing the price from the end of May) and the upper daily Bollinger Band. The downward reversal from the resistance […]
WTI crude oil: ⬆️ Buy – WTI crude oil reversed from round support level 70.00 – Likely to rise to resistance level 78.00 WTI crude oil recently reversed from the round support level 70.00 coinciding with the upper trendline of the recently broken up channel from May. The downward reversal from the support level 70.00 […]
PZZA: ⬇️ Sell – PZZA reversed from key resistance level 53.90 – Likely to fall to support level 45.85 PZZA recently reversed down from the key resistance level 53.90 (which has been steadily reversing the price from the end of 2024), intersecting with the upper weekly Bollinger Band. The downward reversal from the resistance level […]
USDJPY: ⬆️ Buy – USDJPY reversed from the support zone – Likely to rise to the resistance level 146.00 USDJPY currency pair recently reversed from the support zone surrounding the pivotal support level 142.50, which has been reversing the price from the start of August. The upward reversal from the support level 142.50 created the […]