• Apple reversed from support area
• Likely to rise to resistance level 165.00
Apple recently reversed up from the support area located between the key support level 155.00 (former low of wave A from Janaury), standing well below the lower daily Bollinger Band.
This support area was further strengthened by the 61.8% Fibonacci correction of the extended upward impulse wave C from the end of September.
Given the strength of the aforementioned support area – Apple can be expected to rise further toward the next resistance level 165.00 (former support from the middle of February).
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies