Analysis & Forecast
– Adobe reversed from resistance level 500.00– Likely to fall to support level 460.00Adobe recently reversed down from the round resistance level 500.00 (former multi-month support from September of last year).The resistance level 500.00 ...
– Goldman Sachs rising inside impulse waves 3 and (3)– Likely to rise to resistance level 460.00Goldman Sachs rising strongly after the price broke the major resistance level 424.00 (which stopped the previous sharp uptrend at the end of ...
08.05.2024GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is correcting following a rebound from the resistance area. The pair is going inside the Ichimoku Cloud, which suggests a sideways trend. A test of the Cloud’s lower boundar...
08.05.2024EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a downward impulse, reaching 1.0737. Today, the market is forming a narrow consolidation range above this level. With an upward breakout, a corrective phase is not ruled o...
– WTI crude oil reversed from support area– Likely to rise to resistance level 80.00WTI crude oil recently reversed up with the daily Hammer from the support area lying between the pivotal support level 77.00 (which has been reversing the...
– AUDJPY reversed from support area– Likely to rise to resistance level 103.00AUDJPY currency pair recently reversed up from the support area lying between the round support level 100.45 (former strong resistance from April), 20-day movin...
– S&P 500 reversed from support level 5000.00– Likely to rise to resistance level 5300.00S&P 500 index recently reversed up from the support zone lying between the round support level 5000.00 (which also stopped the previous corre...
– USDCHF reversed from support zone– Likely to rise to resistance level 0.9200USDCHF currency pair recently reversed up from the support zone lying between the round support level 0.9000 (which has been reversing the price from March), lo...
07.05.2024EURUSD, “Euro vs US Dollar”EURUSD is testing the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.0745 is expected, followed by a rise to 1.0...
02.05.2024EURUSD, “Euro vs US Dollar”EURUSD has found a foothold above the upper boundary of the descending channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Cloud’s lower boundary at 1.06...