Analysis & Forecast
– NZDCAD reversed from support level 0.8400– Likely to rise to resistance 0.8500NZDCAD currency pair recently reversed up with the daily Piercing Line from the support level 0.8400 (former strong resistance from November, December and May...
NASDAQ 100 reversed from support level 19000.000 Likely to rise to resistance 20000.00NASDAQ 100 Index recently reversed up from the support level 19000.000 (former resistance from the middle of May, acting as the support after it was broken previou...
– EURUSD under bearish pressure– Likely to fall to support level 1.0700EURUSD currency pair under the bearish pressure after the earlier breakout of the support level 1.0800 (which stopped the previous wave (b) at the end of May).The brea...
16.05.2024GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is rising within a bullish channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2635 is expected, followed by a rise ...
16.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has exited the consolidation range upwards and completed a corrective wave, reaching 1.0894. Today, a decline wave could develop, aiming for 1.0805. After reaching this level, the price...
– Amazon reversed from resistance level 190.00– Likely to fall to support level 180.00Amazon recently reversed down from the resistance level 190.00 (previous monthly high from April), strengthened by the upper daily Bollinger Band.The do...
– USDCHF reversed from round support level 0.9000– Likely to rise to resistance level 0.9100USDCHF currency pair recently reversed up from the round support level 0.9000 (which stopped the previous corrections iv, 4 ii, 1).The support lev...
15.05.2024EURUSD, “Euro vs US Dollar”EURUSD is rising within a bullish channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.0795 is expected, followed by a rise to 1.0920. An a...
15.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has received support at the 1.0766 level and completed a growth structure, reaching 1.0805. A narrow consolidation range has formed around this level. Today, with an upward breakout, a ...
• Gold broke daily down channel• Likely to reach resistance level 2415.00Gold recently broke the resistance trendline of the narrow daily down channel from April, which enclosed the previous ABC correction (4).The breakout of this down channel ac...
