Tag: Technical analysis
DAX: ⬆️ Buy – DAX broke resistance area – Likely to rise to resistance level 22500.00 DAX index is under the bullish pressure after it broke the resistance area between resistance level 21500.00 (top of the previous correction A) and the 61.8% Fibonacci correction of the downward ABC wave (2) from March. The breakout of […]
CADJPY: ⬆️ Buy – CADJPY reversed from strong support area – Likely to rise to resistance level 104.00 CADJPY currency pair recently reversed from the strong support area between the long-term support level 101.60 (which stopped the sharp downtrend in August of 2024) and the lower daily Bollinger Band. The upward reversal from this support […]
USDJPY: ⬆️ Buy – USDJPY reversed from the support area – Likely to rise to the resistance level 144.65 USDJPY currency pair recently reversed up from the support area between the long-term support level 140.00 (former multi-month low from September) and the lower daily Bollinger Band. The upward reversal from this support area stopped the […]
Nikkei 225: ⬆️ Buy – Nikkei 225 broke the resistance area – Likely to rise to resistance level 36355.00 Nikkei 225 index recently broke the resistance area between the pivotal resistance level 35000.00 (which stopped the previous correction 2, former strong support from September) and the 61.8% Fibonacci correction of the downward impulse from March. […]
EURCHF: ⬆️ Buy – EURCHF broke the resistance area – Likely to rise to resistance level 0.9500 EURCHF currency pair recently broke the resistance area between the resistance level 0.9365 (former strong support from the start of 2025) and the 38.2% Fibonacci correction of the downward impulse from March. The breakout of this resistance area […]
Bitcoin: ⬆️ Buy – Bitcoin broke round resistance level 90000.00 – Likely to rise to resistance level 95000.00 Bitcoin cryptocurrency today broke the resistance area between the round resistance level 90000.00 and the 38.2% Fibonacci correction of the downward wave (A) from January. The breakout of this resistance area should accelerate the C-wave of the […]
AUDUSD: ⬇️ Sell – AUDUSD reversed from the key resistance level 0.6400 – Likely to fall to support level 0.6300 AUDUSD currency pair recently reversed from the resistance area between the key resistance level 0.6400 (former major support from 2024) and the 50% Fibonacci correction of the downward impulse from September. The downward reversal from […]
Market Overview The crypto market has gained around 2% over the past seven days, with most of the increase coming at the start of this week. With a market capitalisation of $2.76 trillion, the crypto market has reached the upper boundary of its April range. For now, it can be noted that the market managed […]
EURUSD: ⬆️ Buy – EURUSD broke the resistance area – Likely to test resistance level 1.1600 EURUSD currency pair recently broke the resistance area between the resistance trendline of the daily up channel from the end of February and the resistance level 1.1465 (which stopped the previous impulse wave i). The breakout of this area […]
USDJPY: ⬇️ Sell – USDJPY broke support area – Likely to fall to support level 139.55 The USDJPY currency pair recently broke the support area at the intersection of the support trendline of the daily down channel from January and the support level 142.00 (which started the daily uptrend in September). The breakout of this […]