Technical analysis - Page 116

– NZDUSD broke key resistance level 0.6200 – Likely to rise to resistance level 0.6360 NZDUSD currency pair under the bullish pressure after breaking the key resistance level 0.6200 (which has been reversing the price from the end of July)..

– GBPNZD broke key support level 2.0290 – Likely to fall to support level 2.0000 GBPNZD currency pair recently broke the key support level 2.0290 (which has been reversing the price from the middle of June). The breakout of the.

– CHFJPY reversed from support level 162.45 – Likely to rise to resistance level 168.00 CHFJPY currency pair recently reversed up from the key support level 162.45 (which has been reversing the price from August). The support level 162.45 was.

– USDCAD broke support level 1.3410 – Likely to fall to support level 1.3300 USDCAD currency pair under the bearish pressure after the pair broke the support level 1.3410 (low of wave B of the previous ABC correction (2) from.

– FTSE 100 reversed from resistance level 7700.00 – Likely to fall to support level 7500.00 FTSE 100 index under the bearish pressure after the index reversed down from the resistance level 7700.00 (which has been reversing the index from.

– CADJPY reversed from support level 104.60 – Likely to rise to resistance level 107.00 CADJPY today reversed up from the key support 104.60 (which has been repeatedly reversing the price from July) standing below the lower daily Bollinger Band..

– WTI reversed from support level 68.00 – Likely to rise to resistance level 73.35 WTI crude oil recently reversed up from the major long-term support 68.00 (which has been repeatedly reversing the price from March) coinciding with the lower.

– GBPAUD reversed from support level 1.8945 – Likely to rise to resistance level 1.9200 GBPAUD currency pair recently reversed up from the strong support level 1.8945 (which has been repeatedly reversing the pair from the start of July) intersecting.

A series of macro statistics continue to be published to help build a picture of the economy ahead of the Bank of England’s final decision on Thursday. The economy is reported to have lost 0.3% for October, pulling back in.

US consumer prices rose by 0.1% m/m (stronger than expected 0.0%). Annual inflation slowed from 3.2% to 3.1%. Core (excluding food and energy) rose 0.3% m/m, maintaining its annual growth rate of 4.0%. Overall inflation has stabilised at levels above.

– CADCHF reversed from resistance level 0.6490 – Likely to support level 0.6410 CADCHF currency pair recently reversed down from the strong resistance level 0.6490 (former strong support from October) intersecting with the upper daily Bollinger Band. The downward reversal.

– EURAUD reversed from key support level 1.6300 – Likely to rise to resistance level 1.6500 EURAUD currency pair recently reversed up from the key support level 1.6300 intersecting with the lower daily Bollinger Band and the support trendline of.