SPX is running to 4200 SPX is going to test the most significant upside resistance 4200. A break above 4200 would open the door for a rally to 4500 and would mark the bearish correction finished. The support line is visible and only a break below 3960 again would […]
SPX to test the most important resistance Read More »
NASDAQ is in the consolidation wedge NASDAQ is bouncing from the wedge support and short-term upside channel support 11500. A break above 12000 is required for the continuation higher and a test of the most critical 12500 resistance. A confirmed break below 11500 could lead to a deeper pullback
NASDAQ is preparing for a swing higher Read More »
USDCNH is breaking below 7.200 USDCNH is breaking below 7.200 again after the retest of this broken resistance. This break below again is opening the perspective for a deeper pullback reversal to the 6.8-6.9 zone in the coming weeks. It is making a significant medium-term top as the USD
USDCNH downside reversal Read More »
NZDUSD is breaking above the strong resistance NZDUSD is breaking above the strong 0.6200 resistance and is holding above it. This breakout now is supported for an extension higher to 0.6500 which is the most significant resistance line for a complete upside reversal from the bottom. Invalidation could only
NZDUSD is extending higher Read More »
Copper is bouncing off the uptrend resistance line Copper has retested the previously broken uptrend resistance of 3.6440 and bounced off it. We need to see a continuation higher above 3.7500 for an upside continuation from here and an extension to 4.400. Only a break below 3.500 could invalidate
Copper is on the rise again Read More »
