Show full picture TODAY TECHNICAL LEVEL : Resistance. 3 : 81.05. Resistance. 2 : 80.89. Resistance. 1 : 80.73. Support. 1 : 80.53. Support. 2 : 80.37. Support. 3 : 80.21. SHORT DESCRIPTION : Please note generally when the levels support. 3 at 80.21 and the Resistance.3 at 81.05 get broken out, then the currency is to reverse the direction of at least 10 to 20 pips, but if the levels exceed by more then 50 pips, then it would be a sign that the currency has been found on its today’s trends. Read More →
Show full picture TODAY TECHNICAL LEVEL : Breakout BUY Level : 1.4530. Strong Resistance : 1.4521. Original Resistance : 1.4509. Inner Sell Area : 1.4494. Target Inner Area : 1.4460. Inner Buy Area : 1.4426. Original Support : 1.4413. Strong Support : 1.4399. Breakout SELL Level : 1.4390. SHORT DESCRIPTION : Today the EUR/USD is to find Support and Resistance between 1.4413 and 1.4509 and it has a Strong Support at 1.4399 and a Strong Resistance at 1.4521; if today the EUR/USD breaks out and closes below 1.4390, it will be...
AUD/USD has finished the whole downmove from 1.1011 to 1.0390 and now is developing either a correction to this wave or brand new wave A of long tern uptrend. Now the targets of the upmove are Fibonacci retracements of 1.1011-1.0390, and expansions off 1.0435-1.0548-1.0519. Resistances: - 1.0774 = .618 retracement- 1.0815 = super expanded objective point (SXOP) If the price reverses down the immediate supports will be Fibonacci retracements of the wave up from 1.0390 – this wave is not developed yet therefore no supports are available so far. Show...
GBP/JPY is moving within wave C of long term downtrend – colored light green in the chart. And within this wave there are A and B subwaves (colored royal blue), with subwave B still developing. The targets of the upmove are Fibonacci retracements of 132.30-128.19. Resistances: - 130.25 = .50 retracement- 130.73 = .618 ret If the price reverses to the downside the immediate supports will be Fibonacci retracements of 128.19-130.06 and expansions off 130.06-129.08-129.94, 135.11-129.74-132.30, 132.30-128.19-130.06. Supports: - 128.96-90 = confluence area...
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