DAX is retesting the broken resistance DAX is retesting 13300 which is the strong downside resistance that was broken to the downside. A rejection here could lead to a downside strong continuation and a test of the critical 12000 level. This is a wedge-like consolidation formation skewed to the […]
DAX downside extension consolidation Read More »
SPX is retesting the broken downside resistance SPX is retesting 3850 which is the strong downside resistance that was broken to the downside. A rejection here could lead to a downside strong continuation and a test of the critical 3200 level. This is also the uptrend channel resistance line
SPX retesting the broken downside resistance Read More »
FTSE is testing the uptrend support line FTSE broke below 0.7500 and is going for a test of the 7.000 uptrend support line test. A break below this level would lead to an extension lower and a test of the significant 6.715 resistance for a complete downside reversal. This
FTSE is breaking the top pattern Read More »
EURUSD facing the strong downside support EURUSD is testing the 1.0600 a previously strong downside resistance and now downside support. A break below 1.0400 will lead to another test of the critical 1.03400 for the downside extension to parity and beyond. We are expecting the final swing lower before
EURUSD consolidation for the continuation Read More »
AUDUSD is being rejected by 0.7250 again AUDUSD is extending lower after another rejection from 0.7250. A break below 0.6900 will lead to an acceleration of an extension lower to test 0.6600 and beyond that. This would mean a final 5th wave downside extension in the 3rd wave lower.
AUDUSD is looking to extend lower Read More »
