Tag: Technical analysis
EURJPY: ⬆️ Buy – EURJPY broke the key resistance level 165.00 – Likely to rise to the resistance level 168.00 EURJPY currency pair recently broke the key resistance level 165.00 (which has been steadily reversing the pair from the start of November, as can be seen from the daily EURJPY chart below). The breakout of […]
Natural Gas: ⬇️ Sell – Natural Gas reversed from key resistance level 3.80 – Likely to fall to support level 3.50 Natural Gas recently reversed down from the pivotal resistance level 3.80 (which is the upper border of the narrow sideways price range inside which the price has been trading from May). The downward reversal […]
Brent crude oil: ⬇️ Sell – Brent crude oil reversed from key resistance level 67.80 – Likely to fall to support level 64.60. Brent crude oil recently reversed down from the resistance area between the key resistance level 67.80 (which stopped wave (2) in the middle of April), upper daily Bollinger Band and the 61.8% […]
Filecoin: ⬆️ Buy – Filecoin reversed from strong support level 2.25 – Likely to rise to resistance level 2.875 Filecoin cryptocurrency recently reversed up from the strong support level 2.25 (which has been reversing the price from the start of April). The support level 2.25 was further strengthened by the lower daily Bollinger Band and […]
Chainlink: ⬆️ Buy – Chainlink broke daily down channel – Likely to rise to resistance level 16.00 Chainlink recently broke the resistance trendline of the daily down channel from the start of May (which encloses the previous minor ABC correction 2). The breakout of this down channel accelerated the active impulse wave 3, which started […]
Solana: ⬆️ Buy – Solana reversed from the support zone – Likely to rise to the resistance level 163.80 Solana cryptocurrency recently reversed up from the support zone between the key support level 141.65 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse […]
Bitcoin: ⬆️ Buy – Bitcoin broke daily down channel – Likely to rise to resistance level 110,000.00 Bitcoin cryptocurrency recently broke the resistance trendline of the daily down channel from May (which encloses the previous ABC correction 2 from the end of May). The breakout of this down channel accelerated the active minor impulse wave […]
CADJPY: ⬇️ Sell – CADJPY reversed from resistance area – Likely to fall to support level 104.00 CADJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 106.00 (which has been reversing the price from March), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from […]
Palladium: ⬆️ Buy – Palladium broke resistance area – Likely to rise to the resistance level 1100.00 Palladium previously broke the resistance area between the resistance level 1033.50 (which has been reversing the price from November) and the 50% Fibonacci correction of the downward ABC correction (B) from October. The breakout of this resistance area […]
Gold: ⬇️ Sell – Gold reversed from resistance area – Likely to fall to support level 3250,00 Gold recently reversed down from the resistance area between the key resistance level 3400.00 (which has been reversing the price from April) and the upper daily Bollinger Band. The downward reversal from this resistance area stopped the earlier […]