Facebook recently reversed down from the resistance area lying at the intersection of the long-term resistance level 209.00 (which stopped the sharp uptrend in July) and the upper daily Bollinger Band.
The downward reversal from this resistance area completed the pervious extended ABC correction (B) from the start of October.
Given the overbought daily Stochastic – Facebook is expected to correct down further toward the next support level 202.90 (former monthly high from last month).
CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…
Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…
Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
This website uses cookies
