• Silver broke resistance level 17.50• Likely to rise to 18.90 Silver recently broke above the multi-month resistance level 17.50 (former strong support from January and February) – which has been reversing the price from the start of March. The...

• USDJPY reversed from resistance area• Likely to fall to 106.80 USDJPY recently reversed down from the resistance zone located between the pivotal resistance level 108.00 (top of the previous waves (a), (ii) and 1) and the upper daily Bollinger...

• CADJPY reversed from resistance area• Likely to fall to 77.00 CADJPY recently reversed down from the resistance area lying between the resistance level 78.25 (which has been reversing the price from the start of March), upper daily Bollinger band...

• EURNZD reversed from support area• Likely to rise to 1.8000 EURNZD rising after the earlier upward reversal from the support area lying between the key support level 1.7645 (which has been reversing the price from March) and the lower...

• Gold reversed from support level 1695.00• Likely to rise to 1766.13 Gold recently reversed up from the key support level 1695.00, intersecting with the 38.2% Fibonacci correction of the previous sharp upward impulse from March. The upward reversal from...

• Corn rising inside weekly correction (4) • Likely to rise to 330.00 Corn continues to rise inside the weekly upward correction (4) – which started earlier from the powerful round support level 300.00 The upward reversal from the support...

• EURUSD broke key resistance level 1.1000 • Likely to rise to 1.1150 EURUSD today broke above the key resistance level 1.1000 (which stopped the two previous waves (i) and a – in April and March respectively). The breakout of...

• EURCAD reversed from pivotal support level 1.5100 • Likely to rise to 1.5320 EURCAD recently reversed up from the pivotal support level 1.5100 (which stopped the previous waves 2 and (a)) intersecting with the lower daily Bollinger Band. The...

• EURCHF broke key resistance level 1.0645 • Likely to rise to 1.0725 EURCHF continues to rise strongly after the earlier breakout of the key resistance level 1.0645 (which has been reversing the price from the start of March, as...

• Amazon reversed from support area • Likely to rise to 2525.00 Amazon rising steadily after the yesterday’s sharp upward reversal from the support area lying between the support level 2340.00 (low of wave B) and the lower daily Bollinger...

• AUDCAD reversed from resistance level 0.9200 • Likely to fall to 0.9030 AUDCAD recently reversed down sharply from the resistance zone lying between the resistance level 0.9200 (set as the likely upward target in the previous report for this...

• Adobe reversed from strong resistance level 386.50 • Likely to fall to 350.00 Adobe recently reversed down sharply from the strong resistance level 386.50 (which stopped the previous sharp upward impulse wave (5) in the middle of February), intersecting...

• EURAUD reversed from support level 1.6500 • Likely to rise to 1.6845 EURAUD recently reversed up from the pivotal support level 1.6500 (which has been reversing the price from the end of April), standing close to the lower daily...

• NZDCAD reversed from key resistance level 0.8570 • Likely to fall to 0.8450 NZDCAD recently reversed down from the key resistance level 0.8570, standing close to the upper daily Bollinger Band. The downward reversal from the resistance level 0.8570...

• Copper reversed from support area • Likely to rise to 246.40 Copper recently reversed up from the support area lying between the support level 239,00, lower trendline of the daily up channel from April and the 50% Fibonacci correction...

• NZDUSD broke resistance level 0.6145 • Likely to rise to 0.6300 NZDUSD recently broke through the resistance level 0.6145 (which stopped the previous waves A and (b)) intersecting with the lower trendline of the wide down channel from the...

• NZDJPY broke key resistance level 66.20 • Likely to rise to 68,00 NZDJPY recently broke above the key resistance level 66.20 – which is the upper boundary of the sideways price range inside which the pair has been trading...

• S&P 500 broke resistance area • Likely to rise to 3100.00 S&P 500 under bullish pressure after the earlier breakout of the resistance area lying between the key resistance level 2950,00 and the 61,8% Fibonacci correction of the previous...

• Nikkei 225 broke key resistance level 20600,00, • Likely to rise to 21500,00 Nikkei 225 recently broke above the key resistance level 20600,00, intersecting with the 61,8 % Fibonacci retracement of the previous sharp downward impulse wave from the...

• AUDJPY reversed from support level 70,00 • Likely to rise to 72,50 AUDJPY recently reversed up from the pivotal support level 70,00 (former strong resistance level which stopped the previous waves A and (i), as can be seen below)....

• AUDCAD reversed from support level 0.9125 • Likely to rise to 0,9200 AUDCAD recently reversed up from the key support level 0.9125 (former strong resistance level which stopped the previous impulse waves (iii) and (v), as can be seen...

• Natural Gas falling inside short-term impulse wave 3 • Likely to fall to 1,5920 Natural Gas continues to fall inside the short-term impulse wave 3, which started earlier when the price reversed down from the resistance level 1.873, intersecting...

Another 2.4 million Americans filed for unemployment insurance last week even as states across the US began opening up for business again, betting that the coronavirus pandemic is now under control. The latest figures from the Department of Labor mean...

• Soy broke daily up channel • Likely to fall to 822.65 Soy recently broke the well-formed daily up channel from April (which encloses the previous medium-term ABC correction (2)) The breakout of this up channel should accelerate the active...

• NZDCAD reversed from resistance area • Likely to fall to 0.8500 NZDCAD today corrected down from the resistance area lying between the key resistance level 0.8570 (which stopped the previous waves (A) and B, as can be seen below)...

• USDCAD reversed from support area • Likely to rise to 1.4165 USDCAD recently reversed up from the support area lying between the pivotal support level 1.3870 (which stopped the two previous waves (a) and (c)) and lower daily Bollinger...

• AUDUSD reversed from resistance area • Likely to fall to 0.6400 AUDUSD recently reversed down from the resistance area lying between the resistance level 0.6600 and the upper daily Bollinger Band. The downward reversal from this resistance area started...

• Baidu reversed from key resistance level 120.00 • Likely to fall to 100.00 Baidu recently reversed down sharply from the key resistance level 120.00 – standing well outside of the upper daily Bollinger Band. The downward reversal from the...

• Wheat broke daily down channel • Likely to rise to 526.40 Wheat recently reversed up sharply from the key multi-month support level 495.00 and the lower daily Bollinger Band. The price earlier broke the resistance trendline of the narrow...

• NZDCHF rising inside short-term correction • Likely to rise to 0.5970 NZDCHF continues to rise inside the short-term upward correction which started earlier from the support zone lying between the support level 0.5760 and the lower daily Bollinger Band....

• GBPNZD reversed from long-term support level 1.9900 • Likely to rise to 2.0120 GBPNZD recently reversed up from the long-term support level 1.9900 (which reversed the price sharply in the middle of March), standing near the lower daily Bollinger...

• CHFJPY reversed from resistance level 111.50 • Likely to fall to 111,00 CHFJPY recently reversed down from the resistance level 111.50 (top of the previous wave (iv)) intersecting with the 50% Fibonacci retracement of the previous downward impulse C...

• Bank of America reversed from support area • Likely to rise to 25,00 Bank of America recently reversed up from the support area lying between the support level 21,00 (low of the previous wave 1), lower daily Bollinger Band...

• Platinum broke resistance level 840.00 • Likely to rise to 900.00 Platinum recently broke the resistance level 792.00 intersecting with the 50% Fibonacci retracement of the previous sharp downward impulse from February. The breakout of the resistance level 792.00...

• Coca-Cola broke daily Falling Wedge • Likely to rise to 48.00 Coca-Cola continues to rise inside the sharp corrective wave 2 which started earlier from the support area lying between the key support level 43.45, the lower daily Bollinger...

• USDJPY reversed from resistance zone • Likely to fall to 107.00 USDJPY recently reversed down from the resistance zone lying between the key resistance level 107.90 (which has been reversing the price forms April), upper daily Bollinger Band and...

• USDCHF falling inside sideways price range • Likely to fall to 0.9600 USDCHF recently reversed down from the resistance zone lying between the pivotal resistance level 0.9800 (upper boundary of the sideways price range from the start of April)...

• GBPJPY reversed from support zone • Likely to rise to 133.00 GBPJPY recently reversed up from the support zone lying between the round support level 130.00, lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward...

• Alibaba broke pivotal resistance level 215.00 • Likely to rise to 225.00 Alibaba today broke the pivotal resistance level 215.00 (which stopped the previous sharp upward waves 2, (iv) and (1), as can be seen on the daily Alibaba...

• USDCAD broke support level 1.3915 • Likely to fall to 1.3835 USDCAD today broke the key support level 1.3915 (low of the previous Bullish Engulfing from the start of May), – which follows the breakout of the 38.2% Fibonacci...

• EURNZD under bearish pressure • Likely to fall to 1.7695 EURNZD has been under bearish pressure after the price reversed down from the resistance zone lying between the resistance level 1.8270 (which has been reversing the price from the...

• WTI under bullish pressure • Likely to rise to 35.00 WTI has been under bullish pressure after the price broke the resistance zone located between the resistance level 29.17 (top of the previous waves 4 and (ii)) and the...

• NZDUSD reversed sharply from support zone • Likely to rise to .6145 NZDUSD today reversed up sharply from the support zone located between the key support level 0.5923 (which created two consecutive Morning Stars in April), lower daily Bollinger...

• EURCHF reversed from support area • Likely to rise to 1.0550 EURCHF today reversed up from the support zone located between the pivotal support level 1.0504 (which stopped the earlier downtrend in April) and the lower daily Bollinger band....

• NZDJPY reversed from support area • Likely to rise to 65.70 NZDJPY today reversed up from the support area lying between the support level 63.60 (lower boundary of the sideways price range from March), lower daily Bollinger band and...