Tag: Technical analysis
• Gold reversed from support level 1652.00 • Likely to rise to resistance level 1675.00 Gold recently reversed up from the key support level 1652.00 (which stopped the previous impulse wave (i) at the end of September), intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1652.00 stopped the earlier […]
• USDCHF under bearish pressure • Likely to fall to support level 0.9930 USDCHF under the bearish pressure after the price reversed down from the major resistance level 1.0050 (which stopped all upward impulses from the middle of May). The resistance level 1.0050 was strengthened by the upper daily Bollinger Band and by the resistance […]
• Palladium reversed from support level 2000.00 • Likely to rise to resistance level 2150.00 Palladium recently reversed up from the round support level 2000.00 (which is the lower border of the sideways price range inside which the price has been moving from August). The support level 2000.00 was father strengthened by the lower daily […]
• Brent crude oil reversed from resistance level 95.00 • Likely to fall to support level 86.00 Brent crude oil recently reversed down from the resistance level 95.00 (which has been reversing the price from September), coinciding with the daily down channel from July, upper daily Bollinger Band and the 38.2% Fibonacci correction of the […]
• EURNZD reversed from resistance level 1.7500 • Likely to fall to support level 1.7200 EURNZD recently reversed down from the key resistance level 1.7500 (top of the sideways price range inside which the pair has been trading from the end of last month), intersecting with the upper daily Bollinger Band. The downward reversal from […]
• S&P 500 reversed from key support level 3570.00 • Likely to rise to resistance level 3800.00 S&P 500 index recently reversed up with the daily Bullish Engulfing from the key support level 3570.00 (which stopped the price at the start of October) standing near the lower daily Bollinger Band. The upward reversal from the […]
• AUDJPY reversed from key support level 91.00 • Likely to rise to resistance level 94.70 AUDJPY currency pair recently reversed up with the daily hammer from the key support level 91.00 (which has been reversing the price from the middle of May) standing near the lower daily Bollinger Band, support trendline of the daily […]
• Silver reversed from support level 18.15 • Likely to rise to resistance level 19.50 Silver recently reversed up from the strong support level 18.15 (which has been repeatedly reversing the price from the middle of July) standing near the lower daily Bollinger Band. The upward reversal from the support level 18.15 started the active […]
• EURJPY broke key resistance level 144.00 • Likely to rise to resistance level 148.00 EURJPY recently broke above the key resistance level 144.00 (which has been steadily reversing the pair from the start of June). The breakout of the resistance level 144.00 accelerated the active short-term impulse wave (iii), which belongs to the higher […]
• Aluminum reversed from resistance level 2368.70 • Likely to fall to support at 2300.00 Aluminum recently reversed down from the key resistance level 2368.70 (which has been reversing the pair from the middle of August). The resistance area near the resistance level 2368.70 was strengthened by the upper daily Bollinger Band and by the […]
