Tag: Technical analysis
• AUDUSD reversed from resistance level 0.6725 • Likely to fall to support level 0.6500 AUDUSD recently reversed down from the key resistance level 0.6725 (former multi-month low from July), strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci correction of the downward impulse 1 from August. The downward reversal from the […]
• GBPAUD reversed from support level 1.7485 • Likely to rise to resistance level 1.8000 GBPAUD recently reversed up from the key support level 1.7485, strengthened by the lower daily Bollinger Band and by the upper trendline of the recently broken down channel from March (acting as support after it was broken). The upward reversal […]
• WTI broke key support level 82.90 • Likely to fall to support level 76.30 WTI recently broke the key support level 82.90 (which stopped the previous wave (B) from the middle of October), intersecting with the 61.8% Fibonacci correction of the upward ABC correction (B) from September. The breakout of the support level 82.90 […]
• Amazon reversed from key resistance level 103.20 • Likely to fall to support level 86.70 Amazon recently reversed down from the key resistance level 103.20 (former strong support from May and June), intersecting with the 20-day moving average and the 50% Fibonacci correction of the downward impulse from October. The downward reversal from the […]
• France 120 reversed from resistance level 5100.00 • Likely to fall to support level 5000.00 France 120 index recently reversed down from the pivotal resistance level 5100.00 (which has been stopping the index from the end of March) intersecting with the upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse […]
• Platinum reversed from resistance level 1030.00 • Likely to fall to support level 960.00 Platinum recently reversed down from the key resistance level 1030.00 (previous multi-month high from June) intersecting with the upper daily Bollinger Band and the resistance trendline of the daily up channel from September. The downward reversal from the resistance level […]
• USDCHF reversed from support level 0.9400 • Likely to rise to resistance level 0.9600 USDCHF currency pair recently reversed up from the key support level 0.9400 (previous multi-month low from August, which stopped wave (A)) standing below the lower daily Bollinger Band. The upward reversal from the support level 0.9400 stopped the earlier medium-term […]
• USDCAD reversed from support level 1.3215 • Likely to fall to resistance level 1.3400 USDCAD recently reversed up from the key support level 1.3215 (previous monthly high from the start of July), lower daily Bollinger Band, intersecting with the 38.2% Fibonacci correction of the downward impulse from October. The upward reversal from the support […]
• Tesla reversed from resistance level 200.00 • Likely to fall to support level 180.00 Tesla recently reversed down from the round resistance level 200.00 (previous monthly low from the middle of October), intersecting with the 38.2% Fibonacci correction of the downward impulse from October. The downward reversal from the resistance level 200.00 continues the […]
• USDCHF reversed up from support level 0.9380 • Likely to rise to resistance level 0.9485 USDCHF recently reversed up from the support level 0.9380 (former multi-month low from the start of August) standing below the lower daily Bollinger Band. The upward reversal from the support level 0.9380 stopped the earlier short-term impulse wave (iii) […]