FxProGlobal

FxProGlobal

- NVIDIA broke support zone - Likely to fall to support level 115.00 NVIDIA opened today with the sharp downward gap breaking the support zone located between the support level 126.65 (former monthly low from December) and the 38.2% Fibonacci correction of the upward impulse from August. The breakout of this support zone accelerated the active short-term...

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- Apple reversed from support zone - Likely to rise to resistance level 237.00 Apple recently reversed up from the support zone located between the key support level 220.00 (which has been reversing the price from October), lower daily Bollinger Band and the 61.8% Fibonacci correction of the sharp upward impulse (C) from August. The upward reversal from the...

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- Nikkei 225 fall inside sideways price range - Likely to fall to support level 38025.00 Nikkei 225 index recently reversed down from the strong resistance level 40285.00 (upper border of the tight sideways price range inside which the pair has been moving since October) standing close to the upper daily Bollinger Band. The downward reversal from the...

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- Gold reversed from resistance zone - Likely to fall to support level 2711.00 Gold recently reversed down from the resistance zone between the key resistance level 2789.00 (former multi-month high from October), resistance trendline of the daily up channel from November and the upper daily Bollinger Band. The downward reversal from this resistance zone will...

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- Bitcoin reversed from support zone - Likely to rise to resistance level 109,675.00 Bitcoin cryptocurrency previously reversed up from the support zone between the round support level 100,000.00 and the 50% Fibonacci correction of the upward impulse from the middle of January. The upward reversal from this support zone created the daily Japanese candlesticks...

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- GBPUSD broke resistance zone - Likely to rise to resistance level 1.2555 GBPUSD currency pair recently broke the resistance zone lying at the intersection of the resistance level 1.2365, resistance trendline of the daily down channel from October and the 38.2% Fibonacci correction of the downward impulse from December. The breakout of this resistance zone...

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- WTI crude oil reversed from resistance level 78.00 - Likely to fall to support level 72.60 WTI crude oil recently reversed down from the major resistance level 78.00 (has been repeatedly reversing the price from July, as can be seen from the daily WTI chart below) The downward reversal from the resistance level 78.00 started the active intermediate impulse...

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- AUDCAD broke round resistance level 0.9000 - Likely to rise to resistance level 0.9080 AUDCAD currency pair recently broke the round resistance level 0.9000 (which stopped the previous wave 4 at the start of January) The breakout of the resistance level 0.9000 coincided with the breakout of the 50% Fibonacci correction of the previous downward impulse from...

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- S&P 500 index broke resistance levels 6000.00 and 6060.00 - Likely to rise to resistance level 6110.00 S&P 500 index recently broke the resistance levels 6000.00 (top of the previous minor correction) and 6060.00 (top of the previous wave B from December). The breakout of these resistance levels accelerated the active intermediate impulse sequence (3) from...

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- USCDAD reversed from pivotal support level 1.4290 - Likely to rise to resistance level 1.4455 USCDAD currency pair recently reversed up from the pivotal support level 1.4290 (lower border of the sideways price range from December, which stopped previous waves A and (4)). The support level 1.4290 was also strengthened by the lower daily Bollinger Band and by...

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- FTSE 100 broke strong resistance level 8400.00 - Likely to rise to resistance level 8600.00 FTSE 100 index rising sharply after the price broke the strong resistance level 8400.00, which is the upper border of the sideways price range inside which the index has been moving from the start of 2024. The breakout of this price range inside accelerated the active...

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- Gold under bullish pressure - Likely to rise to resistance level 2785.00 Gold under the bullish pressure after the earlier breakout of the key resistance level 2710.00, which has been steadily reversing the price from November. The breakout of the resistance level 2710.00 accelerated the active impulse wave 3, which belongs to the medium-term impulse wave...

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- GBPUSD reversed from support area - Likely to rise to resistance level 1.2365 GBPUSD currency pair recently reversed up with the daily Hammer from the support area located between the long-term support level 1.2095 (former Double Bottom from October), lower daily Bollinger Band and the support trendline of the daily down channel from September. The upward...

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- USDCHF reversed from the resistance zone - Likely to fall to support level 0.9000 USDCHF currency pair recently reversed from the resistance zone located between the key multi-month resistance level 0.9185 (which stopped the daily uptrend last April), the resistance trendline of the daily up channel from September and the upper daily Bollinger Band. The...

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- Nasdaq-100 broke daily down channel - Likely to rise to resistance level 21850.00 Nasdaq-100 index rising inside the intermediate impulse wave (5), which started earlier from the support zone located between the key support level 20820.00 (former low of wave A from December) and the support trendline of the daily down channel from December (which encloses...

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- AUDCAD reversed from support zone - Likely to rise to resistance level 0.9000 AUDCAD currency pair continues to rise inside the minor impulse wave 1, which started earlier from the support zone located between the key support level 0.8860 (former multi month low from April) and the lower daily Bollinger Band. The active impulse wave 1 belongs to the higher...

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- GBPCAD reversed from strong support level 1.7490 - Likely to rise to resistance level 1.7700 GBPCAD currency pair recently reversed up with the daily Japanese candlesticks reversal pattern Hammer from the strong support level 1.7490, which has been steadily reversing this currency pair from the start of August. The support level 1.7490 was strengthened by...

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- EURJPY broke support zone - Likely to fall to support level 158.00 EURJPY currency pair recently broke the support zone located between the key support level 160.200, (which has been reversing the pair from December) and the 50% Fibonacci correction of the upward ABC correction 2 from last month. The breakout of this support zone accelerated the active...