Analysis & Forecast
– Dow Jones rising inside impulse wave 5– Likely to reach resistance level 45000.00Dow Jones index continues to rise inside the minor impulse wave 5, which previously broke the key resistance level 43500.00 and the resistance trendline of...
– EURUSD under bearish pressure– Likely to fall to support level 1.0600EURUSD currency pair is under bearish pressure after the earlier breakout of the key support level 1.0685, which has been reversing the price from the middle of June.T...
– NZDJPY reversed from resistance level 92.00– Likely to fall to support level 90.40NZDJPY currency pair recently reversed down from the resistance level 92.00, which is the upper boundary of the narrow sideways price range inside which t...
– CHFJPY broke daily up channel– Likely to fall to support level 174.00CHFJPY currency pair under bearish pressure after the earlier breakout of the support trendline of the sharp daily up channel from the end of September.The breakout of...
– EURAUD under bearish pressure– Likely to fall to support level 1.6125EURAUD currency pair under bearish pressure after the earlier breakout of the support trendline of the daily up channel from the start of October.The breakout of this ...
– GBPUSD reversed from support level 1.2840– Likely to rise to resistance level 1.3050GBPUSD currency pair recently reversed up from the support level 1.2840 (which stopped the previous intermediate correction (A) at the end of October).T...
– Gold broke support area– Likely to fall to support level 2600.00Gold recently broke the support area located at the intersection of the support level 2680.00 (former monthly high from September), support trendline of the daily up channe...
– USDJPY broke resistance area– Likely to rise to resistance level 156.00USDJPY currency pair today broke the resistance area located between the resistance level 153.25 (which reversed the pair twice at the end of October) and the 61.8% ...
– EURUSD rising inside impulse wave 1– Likely to reach resistance level 1.1000EURUSD currency pair continues to rise inside the sharp impulse wave 1 which started earlier from the support zone between the key support level 1.07865 (former...
– S&P 500 reversed from support area– Likely to rise to resistance level 5850.00S&P 500 index earlier reversed up from the support area located between the key support level 5695.00 (which reversed the index for 7 consecutive days...
