Technical analysis - Page 101

– EURUSD broke support zone – Likely to fall to support level 1.0875 EURUSD currency pair under the bearish pressure after the earlier breakout of the support zone located between the key support level 1.1000 (former monthly low from September).

– EURGBP reversed from resistance zone – Likely to fall to support level 0.8340 EURGBP currency pair recently reversed down from the resistance zone located between the key resistance level 0.8400 (former strong support from June, July and August) intersecting.

– USDCAD broke the resistance zone – Likely to rise to resistance level 1.3750 USDCAD currency pair recently broke the resistance zone located between the key resistance level 1.3635 (former monthly high from September) intersecting with the 38.2% Fibonacci correction.

– Gold broke the support zone – Likely to fall support level 2580.00 Gold recently broke the support zone set between the support level 2625.00 (which stopped wave A at the end of September), the support trendline of the daily.

IBM continues to rise strongly after the earlier breakout of resistance zone located between the resistance level 220.00 and the resistance trendline of the wide weekly up channel from 2023. The breakout of this resistance zone accelerated the active impulse.

– Nasdaq-100 reversed from support zone – Likely to rise to resistance level 20340.00 Nasdaq-100 index today reversed up from the support zone located between the pivotal support level 19680.00 (former top of wave b from the start of September).

– Adobe broke round support level 500.00 – Likely to fall to support level 470.00 Adobe recently broke the support zone located between the round support level 500.00 (monthly low from August) intersecting with the 61.8% Fibonacci correction of the.

– WTI under strong bullish pressure – Likely to rise to resistance level 78.3 WTI crude oil under the strong bullish pressure after the price broke the resistance level 71.30 (former strong support from August) intersecting with the resistance trendline.

– Natural gas reversed from long-term resistance level 3.150 – Likely to fall to support level 3.0000 Natural gas recently reversed down from the long-term resistance level 3.150 (the previous month’s high from May and June). The resistance level 3.150.

– S&P 500 reversed from support level 5680.00 – Likely to rise to resistance level 5780.00 S&P 500 index recently reversed up from the pivotal support level 5680.00 (a former multi-month high from July, acting as the support after it.

EURAUD currency pair recently reversed up from the strong support level 1.6020 (which stopped the multi-month downtrend in June) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.6020 will likely form the daily Japanese.

– EURCAD reversed from key support level 1.4900 – Likely to rise to resistance level 1.5150 EURCAD currency pair recently reversed up from the key support level 1.4900 (former resistance from June, which stopped the previous waves (4) and 1).