Tag: Technical analysis

Apr 17
WTI crude oil Wave Analysis – 17 April 2025

WTI crude oil: ⬆️ Buy – WTI crude oil reversed from key support level 55,00 – Likely to rise to resistance level 65.00 WTI crude oil recently reversed up from the key support level 55,00 standing close to the lower daily and the weekly Bollinger Bands. The upward reversal from this support level created the […]

Apr 17
Dow Jones Wave Analysis – 17 April 2025

Dow Jones: ⬇️ Sell – Dow Jones reversed from the resistance zone – Likely to fall to support level 38500.00 Dow Jones index recently reversed down from the resistance zone between the resistance level 40815,00 (former strong support from the start of March), 20-day moving average and the 61.8% Fibonacci correction of the downward impulse […]

Apr 17
Apple Wave Analysis – 16 April 2025

Apple: ⬇️ Sell – Apple reversed from resistance level 210.00 – Likely to fall to support level 190.00 Apple earlier reversed down from the resistance zone between the resistance level 210.00 (former support from the start of March), 20-day moving average and the 50% Fibonacci correction of the impulse wave (1) from February. The downward […]

Apr 17
AUDCAD Wave Analysis – 16 April 2025

AUDCAD: ⬇️ Sell – AUDCAD reversed from resistance zone – Likely to fall to support level 0.8700 AUDCAD recently reversed down from the resistance zone between the resistance level 0.8860 (former support from August and January), 20-day moving average and the 61.8% Fibonacci correction of the downward impulse 1 from March. The downward reversal from […]

Apr 16
Gold Wave Analysis – 16 April 2025

Gold: ⬆️ Buy – Gold broke resistance zone – Likely to rise to the resistance level 3300.00 Gold recently broke the resistance zone between the resistance level 3200.00 and the resistance trendline of the daily up channel from January. The breakout of this resistance zone accelerated the active short-term impulse wave 3, which belongs to […]

Apr 16
GBPUSD Wave Analysis – 16 April 2025

GBPUSD: ⬆️ Buy – GBPUSD broke key resistance level 1.3200 – Likely to rise to the resistance level 1.3400 GBPUSD currency pair is rising sharply after the recent breakout of the key resistance level 1.3200, which stopped the previous minor impulse wave A at the start of April. The breakout of the resistance level 1.3200 […]

Apr 16
FTSE 100 Wave Analysis – 15 April 2025

FTSE 100: ⬆️ Buy – FTSE 100 index broke the resistance zone – Likely to rise to resistance level 8450.00 FTSE 100 index today broke the resistance zone between the resistance level 8170.00 (which stopped the previous sharp upward correction at the start of this month) and the 50% Fibonacci correction of the sharp downward impulse (C) […]

Apr 16
EURGBP Wave Analysis – 15 April 2025

EURGBP: ⬇️ Sell – EURGBP reversed from the resistance zone – Likely to fall to support level 0.8460 EURGBP currency pair recently reversed down from the resistance zone between the resistance levels 0.8735 (former strong resistance from 2023) and 0.8625 (which reversed the price twice from the start of this year September.) This resistance zone was strengthened […]

Apr 16
Platinum Wave Analysis – 15 April 2025

Platinum: ⬆️ Buy – Platinum reversed from support level 905.00 – Likely to rise to the resistance level 970.00 Platinum recently reversed up from the strong long-term support level 905.00 (which has been reversing the price since April of 2024), standing near the lower daily Bollinger Band. The upward reversal from the support level 905.00 […]

Apr 16
USDJPY Wave Analysis – 15 April 2025

USDJPY: ⬆️ Buy – USDJPY reversed from long-term support level 142.00 – Likely to rise to the resistance level 144.65 USDJPY currency pair recently reversed up from the support zone between the long-term support level 142.00 (which has been reversing the price from the end of 2023), support trendline of the weekly down-channel from January […]