NZDJPY is bouncing from 82 NZDJPY is bouncing off 82. A confirmed break above 84.60 resistance would lead to an extension higher and to another test of the recent high of 87.40. A confirmed break below 82.40 will lead to a complete downside reversal. Note: look for the short […]
NZDJPY is bouncing from the major support Read More »
XAGUSD is trying to break above 24 XAGUSD is testing 24 for a breakout higher. A break above this resistance will test the long-term major resistance 25.40 for a complete upside reversal breakout and a continuation higher. The main support zone is 22-23. Expect a sideways consolidation during the
XAGUSD is heading to a major resistance Read More »
USDCAD is breaking below the 1.3600 resistance After the rejection from 1.3700 USDCAD is breaking below the uptrend line 1.3600 resistance. This break below should be confirmed for an extension lower to 1.3300. The critical upside resistance zone stays at 1.3600-1.3700 and a break above this zone is required
USDCAD is breaking below the resistance Read More »
GBPUSD is testing 1.2000 GBPUSD reached 1.2500 and pulled back. This pullback was deep and has reached 1.2000 of the support. A bounce from here is required for the upside continuation and an attack on 1.2500 again. Critical support below this is 1.1800. Expect the range trading during Holiday
GBPUSD deeper retrace reaching support Read More »
Copper is supported by 3.7300 Copper is testing the critical resistance 3.8500. A break above this resistance can lead to a continuation higher to 4.000. Look for the upside continuation as long as the instrument is above the 3.6 – 3.7 zone. Copper has the biggest potential among commodities
Copper is bouncing again Read More »
