Analysis & Forecast
– Dow Jones reversed from support level 42000.00– Likely to rise to resistance level 43000.00Dow Jones index recently reversed up with the daily Piercing Line reversal pattern from the pivotal support level 42000.00, which has been revers...
– NZDJPY reversed from key support level 87.00– Likely to rise to resistance level 89.40NZDJPY currency pair recently reversed up from the key support level 87.00, which is the lower border of the sideways price range inside which the pai...
– Google reversed from pivotal support level 187.30– Likely to rise to resistance level 200.00Google recently reversed up from the pivotal support level 187.30, which is the lower border of the sideways price range inside which the price ...
– USDCHF broke resistance level 0.9130– Likely to rise to resistance level 0.9225USDCHF currency pair recently broke the resistance level 0.9130, which stopped the previous impulse wave i at the start of January, as can be seen below.The ...
– NZDUSD falling inside weekly impulse wave C– Likely to fall to support level 0.5500NZDUSD currency pair recently reversed down from the lower trendline of the wide weekly down channel from the start of 2023 (which is acting as the resis...
– GBPUSD broke key support level 1.2300– Likely to fall to support level 1.2100GBPUSD currency pair recently broke the key support level 1.2300 (former multi-month low from April of 2024, as can be seen below from the daily GBPUSD chart b...
– WTI crude oil reversed from support level 72.25– Likely to rise to resistance level 74.60WTI crude oil recently reversed up from the key support level 72.25 (former resistance from October and November, as can be seen below).The upward ...
– USDCAD reversed from support zone– Likely to rise to resistance level 1.4450USDCAD currency pair recently reversed up from the support zone located between the support level 1.43000, 20-day moving average and the support trendline of th...
– GBPCHF reversed from resistance zone– Likely to fall to support level 1.1200GBPCHF currency pair recently reversed down from the resistance zone located between the strong multi-month resistance level 1.1360 (which has been reversing th...
– USDJPY broke resistance level 158.00– Likely to rise to resistance level 160.00USDJPY currency pair recently broke the resistance level 158.00, which is the upper border of the narrow sideways price range inside which the pair has been ...
