NASDAQ is still supported by 11700 NASDAQ tested 11700 several times in the last couple of days without breaking below. This is now the most significant downside resistance/upside support and we could see another attack on 12400 in the coming days. Any confirmed break below this resistance could lead […]
NASDAQ is still looking higher after FED Read More »
USDCAD is rejected from 1.3700 USDCAD is rejected from 1.3700 upside resistance which is also a 61.8% Fibonacci retracement of the latest swing down. A break below 1.3500 is now important for the downside reversal and a continuation lower to 1.3100 which is the most significant downside resistance. Note:
USDCAD is rejected from the upside resistance Read More »
XAUUSD is bouncing from the short-term uptrend line XAUUSD 1780 support is holding. This is the most important short-term support as the instrument is heading for the most important short-term uptrend resistance of 1850. A break above this resistance is required for the uptrend reversal continuation. It will depend
XAUUSD is supported for a continuation higher Read More »
GBPUSD is testing 1.2300 GBPUSD support 1.2100 support is holding. This is the most important short-term support as the pair is testing 1.2300, the last resistance before the 1.3000-1.3500 zone. GBPUSD recovery from the very bottom of 1.0345 is strong and a break above 1.2300 will confirm another 1000
GBPUSD support hold Read More »
SPX gaps up from 3920Â SPX bounced off the strong support 3920. This is the broadening wedge support level and is also gapping up from 3980 for a continuation higher to key upside resistance 4150. A confirmed break above 4150 could completely invalidate the downside. Note: look for the
SPX is gapping higher from the support Read More »
