Copper is retesting broken 3.7000 upside resistance Copper is retesting broken upside resistance 3.7000. A bounce here is required for a continuation higher to 4.500 as this 3.6000-3.7000 zone is the area of solid support. A break below 3.6000 would lead to a deeper pullback which is not likely […]
Copper is ready to resume higher Read More »
USDJPY is breaking below 140 USDJPY has confirmed a break below 140. This break is opening a further downside swing lower to 132 as the long-term rising wedge has been broken with the confirmation. Below 139 we could see a strong downside acceleration targeting the most important upside support
USDJPY break below the long-term rising wedge Read More »
NASDAQ is supported for more upside NASDAQ is breaking higher above 11600. In this way, Nasdaq is confirming a swing higher inside the long-term downside channel targeting the most important upside resistance of 12500 which is also the downtrend channel resistance. A break above 12000 would lead to an
NASDAQ is rising high Read More »
GBPUSD is breaking above 1.1650 GBPUSD has broken above the solid long-term resistance with confirmation. This break leads the pair to a complete upside reversal from the bottom of 1.0350. A break above 1.1800 will lead to an acceleration of this reversal higher to the 1.2500-1.3000 zone. Note: look
GBPUSD a complete upside reversal Read More »
Bitcoin is bouncing off 16000 Bitcoin is bouncing off the strong long-term 16000-17000 support zone. This bounce and sideways bullish flag formation as the instrument is getting out of the LT falling wedge could lead to a swift move higher if we get a break above 20500. Certainly, there
Bitcoin downside ride is about to finish Read More »
