Tag: Technical analysis
Gold: ⬆️ Buy – Gold reversed from support zone – Likely to rise to resistance level 3300.00 Gold recently reversed up from the support zone located between the pivotal support level 3155.00 (former top of the impulse wave 3 from the start of April), lower daily Bollinger Band and the 61.8% Fibonacci correction of the […]
GBPAUD: ⬆️ Buy – GBPAUD reversed from the support zone – Likely to rise to resistance level 2.1000 GBPAUD currency pair recently reversed up from the support zone between the pivotal support level 2.050 (which has been reversing the price from the end of March), the lower daily Bollinger Band and the 61.8% Fibonacci correction […]
The S&P 500 Index has surpassed levels from the beginning of the year, up about 23% from the lows reached in early April. The market is currently just 4% below the area of highs that functioned as active resistance from December to February. This raises the question of whether resistance at the 6,000 point level […]
CHFJPY: ⬇️ Sell – CHFJPY reversed from the resistance level 176.00 – Likely to fall to support level 173.00 CHFJPY currency pair recently reversed from the pivotal resistance level 176.00, which has been repeatedly reversing the price since November. The resistance level 176.00 was strengthened by the upper daily Bollinger Band. Given the strength of […]
Disney: ⬆️ Buy – Disney rising inside impulse wave (1) – Likely to reach resistance level 119,00 Disney continues to rise inside the sharp weekly upward impulse wave (1), which started earlier from the long-term support level 84.30 (which has been reversing the price from the end of 2022). The support level 84.30 is the […]
AUDJPY: ⬇️ Sell – AUDJPY reversed from resistance area – Likely to fall to support level 93.20 AUDJPY currency pair recently reversed from the resistance area between the key resistance level 95.30 (former monthly high from March), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse wave (C) from November. The […]
EURJPY: ⬇️ Sell – EURJPY reversed from resistance area – Likely to fall to support level 162.00 EURJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 165.00 (which has been reversing the price from November), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from […]
Tesla: ⬆️ Buy – Tesla broke resistance area – Likely to rise to resistance level 360.00 Tesla recently broke the resistance area between the round resistance level 300.00 (which stopped the previous waves 4 and (1)) and the 38.2% Fibonacci correction of the downward impulse (C) from January. The breakout of this resistance area accelerated […]
Nvidia: ⬆️ Buy – Nvidia broke resistance area – Likely to rise to resistance level 135.00 Nvidia recently broke the resistance area between the resistance level 122.65 (which reversed waves 4 and ii in March) and the 61.8% Fibonacci correction of the downward impulse from February. The breakout of this resistance area continues the active […]
Nasdaq-100: ⬆️ Buy – Nasdaq-100 broke resistance area – Likely to rise to resistance level 21500.00 Nasdaq-100 index recently broke the resistance area between the resistance level 20220.00 (which has been reversing the index from March) and the resistance trendline of the Ascending Triangle from April. The breakout of this resistance area accelerated the active […]