Analysis & Forecast
– Gold broke the support zone– Likely to fall support level 2580.00Gold recently broke the support zone set between the support level 2625.00 (which stopped wave A at the end of September), the support trendline of the daily up channel fr...
IBM broke resistance zone Likely to rise to resistance level 240.00IBM continues to rise strongly after the earlier breakout of resistance zone located between the resistance level 220.00 and the resistance trendline of the wide weekly up channel fr...
– Nasdaq-100 reversed from support zone– Likely to rise to resistance level 20340.00Nasdaq-100 index today reversed up from the support zone located between the pivotal support level 19680.00 (former top of wave b from the start of Septem...
– Adobe broke round support level 500.00– Likely to fall to support level 470.00Adobe recently broke the support zone located between the round support level 500.00 (monthly low from August) intersecting with the 61.8% Fibonacci correctio...
– WTI under strong bullish pressure– Likely to rise to resistance level 78.3WTI crude oil under the strong bullish pressure after the price broke the resistance level 71.30 (former strong support from August) intersecting with the resista...
– Natural gas reversed from long-term resistance level 3.150– Likely to fall to support level 3.0000Natural gas recently reversed down from the long-term resistance level 3.150 (the previous month’s high from May and June).The resis...
– S&P 500 reversed from support level 5680.00– Likely to rise to resistance level 5780.00S&P 500 index recently reversed up from the pivotal support level 5680.00 (a former multi-month high from July, acting as the support after i...
EURAUD reversed from strong support level 1.6020 Likely to rise to resistance level 1.6260EURAUD currency pair recently reversed up from the strong support level 1.6020 (which stopped the multi-month downtrend in June) intersecting with the lower da...
– EURCAD reversed from key support level 1.4900– Likely to rise to resistance level 1.5150EURCAD currency pair recently reversed up from the key support level 1.4900 (former resistance from June, which stopped the previous waves (4) and 1...
– WTI reversed from pivotal resistance level 71.30– Likely to fall to support level 68.00WTI crude oil recently reversed down from the pivotal resistance level 71.30 (former double bottom from August) intersecting with the upper daily Bol...
