Tag: Technical analysis
• EURJPY reversed from multi-year resistance level 148.00 • Likely to fall to support level 144.00 EURJPY currency pair recently reversed down from the multi-year resistance level 148.00 (which stopped the sharp uptrend in 2014), standing above the upper weekly Bollinger band. The downward reversal from the resistance level 148.00 stopped the earlier sharp upward […]
• USDCAD reversed from support level 1.3530 • Likely to rise to resistance level 1.3795 USDCAD recently reversed up from the support level 1.3530 (low of wave (iv) from the start of October), intersecting with the lower daily Bollinger band, upper trendline of the daily up channel from April and 38.2% Fibonacci correction of the […]
• EURNZD broke key support level 1.7065 • Likely to fall to support level 1.6755 EURNZD recently broke through the key support level 1.7065 (which has been reversing the price from the start of October), intersecting with the 38.2% Fibonacci correction of the upward impulse from September. The breakout of the support level 1.7065 accelerated […]
• Platinum reversed from resistance level 955.00 • Likely to fall to support level 900.00 Platinum recently reversed down from the pivotal resistance level 955.00 (which has been reversing the price from June), standing near the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from March. The downward reversal from […]
• EURGBP reversed from support level 0.8590 • Likely to rise to resistance level 0.8700 EURGBP currency pair recently reversed up from the key support level 0.8590 (former resistance from July), standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March. The upward reversal from the support […]
• Coca-Cola rising inside short-term ABC correction 2 • Likely to rise to resistance level 61.00 Coca-Cola continues to rise inside the (c)-wave of the short-term ABC correction 2 from the start of October. The price previously broke above the round resistance level 60.00 – which added to the bullish pressure on Coca-Cola. Coca-Cola can […]
• GBPAUD reversed from support level 1.7635 • Likely to rise to resistance level 1.8200 GBPAUD recently reversed up from the pivotal support level 1.7635 (former resistance from July and August, intersecting with the 38.2% Fibonacci correction of the upward impulse from September). The upward reversal from the support level 1.7635 started the active shot-term […]
• AUDUSD reversed from resistance level 0.6500 • Likely to fall to support level 0.6300 AUDUSD recently reversed down from the resistance level 0.6500 (which reversed the pair multiple times at the end of September), standing close to the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from September. The […]
• Google broke key support level 95.00 • Likely to fall to support level 90.00 Google recently broke the key support level 95.00 (which is the lower boundary of the sideways price range inside which the price has been moving from September). The breakout of the support level 95.00 accelerated the active short-term impulse wave […]
• CHFJPY reversed from resistance level 150.40 • Likely to fall to support level 146.00 CHFJPY currency pair recently reversed down from the key resistance level 150.40 (which has been steadily reversing the pair from the start of September) strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 150.40 started […]
