- Natural gas reversed from support zone
- Likely to rise to resistance level 3.550
Natural gas recently reversed up from the support zone located between the support level 3.150 (former multi-month high from May, June and October), 20-day moving average and the 50% Fibonacci correction of the upward impulse 1 from the start of November.
The upward reversal...
- EURJPY broke support zone
- Likely to fall to support level 156.00
EURJPY currency pair recently broke the support zone located between the support level 160.00 and the 61.8% Fibonacci correction of the upward impulse from September.
The breakout of the support level 160.00 accelerated the C-wave of the active ABC correction (2) from the end of...
- GBPUSD reversed from support level 1.2500
- Likely to rise to resistance level 1.2720
GBPUSD currency pair continues to rise after the earlier upward reversal from the support level 1.2500 (which also reversed the pair in May) coinciding with the lower daily Bollinger Band and the daily down channel from September.
The upward reversal from the support level...
- AUDUSD reversed from pivotal support level 0.6450
- Likely to rise to resistance level 0.6550
AUDUSD currency pair recently reversed up from the pivotal support level 0.6450 (which has been reversing the price from April) standing near the lower daily Bollinger Band.
The upward reversal from the support level 0.6450 formed the daily Japanese candlesticks...
- GBPAUD broke daily down channel
- Likely to rise to resistance level 1.9600
GBPAUD currency pair today broke the resistance trendline of the daily down channel from the end of October (which encloses the earlier downward ABC correction (2) – which stopped earlier at the support level 1.9275).
The breakout of this down channel should accelerate the active...
- EURUSD reversed from support area
- Likely to rise to resistance level 1.0620
EURUSD currency pair recently reversed up from support area located at the intersection of the long-term support level 1.0455 (previous yearly low from 2023) and the lower weekly Bollinger Band.
The upward reversal from the support level 1.0455 will form the weekly Bullish...
- AUDNZD reversed from resistance zone
- Likely to fall to support level 1.1000
AUDNZD currency pair recently reversed down from resistance area located at the intersection of the resistance level 1.1145 (former top of the weekly impulse wave 1) and the upper weekly Bollinger Band.
This resistance area was further strengthened by the resistance trendline of...
- EURAUD reversed from support zone
- Likely to rise to resistance level 1.6350
EURAUD currency pair previously reversed from support area set between the pivotal support level 1.6020 (which has been reversing the pair from the end of June) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks...
- EURGBP reversed from support zone
- Likely to rise to resistance level 0.8375
EURGBP currency pair previously reversed up from the support area located at the intersection of the support level 0.8260 (which stopped the previous minor impulse wave i) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese...
- EURCHF reversed from support zone
- Likely to rise to resistance level 0.9360
EURCHF currency pair recently reversed up from the support zone located between the long-term support level 0.9250 (which has been reversing the price from the end of December) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese...
- GBPUSD broke support zone
- Likely to fall to support level 1.2465
GBPUSD currency pair recently broke the support zone located between the support level 1.2620 (former monthly low from June) and the support trendline of the daily down channel from September.
The breakout of this support zone accelerated the active minor impulse wave 3 of the higher impulse...
- USDCHF broke resistance zone
- Likely to rise to resistance level 0.9000
USDCHF currency pair today broke the resistance zone located between the resistance level 0.8900 (which has been reversing the price from July) and the 61.8% Fibonacci correction of the downward impulse from April.
The breakout of this resistance zone coincided with the breakout of the...
- GBPCAD broke support zone
- Likely to fall to support level 1.7500
GBPCAD currency pair today broke the support zone between the support level 1.7700 (which reversed the price in August and September) and the 38.2% Fibonacci correction of the upward price move from April.
The breakout of this support zone accelerated the active minor impulse wave C of the...
- EURCHF under bearish pressure
- Likely to fall to support level 0.9250
EURCHF under the bearish pressure after breaking the support zone between the support level 0.9335 (which has been reversing the price from September) and the 61.8% Fibonacci correction of the upward price move from August.
The breakout of this support zone accelerated the active minor...
- Coca-Cola reversed from support level 61.35
- Likely to rise to resistance level 64.00
Coca-Cola earlier reversed up from the support zone between the pivotal support level 61.35 (former monthly high from February and March) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern...
- Natural gas broke the multi-month resistance level 3.150
- Likely to rise to resistance level 3.750
Natural gas continues to rise strongly after the earlier breakout of the key multi-month resistance level 3.150, reversing the price from May.
The breakout of the resistance level 3.150 accelerated the active impulse waves 3 and (3) – both of which belong to...
- S&P 500 index reversed from support zone
- Likely to rise to resistance level 6000.00
S&P 500 index recently reversed up from the pivotal support level 5850.00 (former multi-day resistance from October).
The support level 5850.00 was further strengthened by the lower daily Bollinger Band, support trendline from August and the 50% Fibonacci correction of the...
- EURCAD reversed from resistance level 1.4885
- Likely to fall to support level 1.4750
EURCAD currency pair recently reversed down from the resistance level 1.4885 (which is the lower border of the wide sideways price range inside which the pair has been trading from July, acting as the resistance after it was broken earlier).
The downward reversal from the...
