FTSE has tested 6.8000Â FTSE is bouncing off the 6.800 upside support. We are seeing a bounce of 6.8000 for a swing higher to 7.400-7600 upside extension zone again. A break above 7.000 will mark the end of this swing lower to a long-term range low and would confirm […]
FTSE bouncing off the upside support Read More »
XAUUSD is testing the key upside resistance 1680 XAUUSD must overcome 1680 resistance for a complete upside reversal. We are seeing a bounce of 1620 which is a long-term uptrend line support and Gold is reaching the most important near-term resistance of 1680. A break above 1680 will make
XAUUSD is reaching the confluence of the upside resistance Read More »
XAGUSD is holding 18 support XAGUSD pulled back to 18 again after the rejection from 20. We are seeing a bounce of 18 which is now established strong support for this upside reversal, but we need a clear break of 19.50 for a run into the strong upside resistance
XAGUSD upside reversal untouched Read More »
NASDAQ bounce off 11200 NASDAQÂ is reversing higher from the June low and uptrend line support 11200. This bounce off this level is opening an upside rally to 12000 or even higher. A break above the 11600 will lead to an acceleration higher. Note: look for the long trades
NASDAQ reversal from the long-term support Read More »
GBPUSD bounce off 1.0330 GBPUSD sell has eased off and it has bounced from the 1985 low of 1.0350. The fact that we have two days of consolidation is giving us some probability that we could go for the 1.1200 retests. Any new dip to 1.0350 will lead to
GBPUSD reversal from the historical low and long-term falling wedge Read More »
