Technical analysis - Page 126

– Gold approached key resistance level 2090.00 – Likely to correct down to support level 2050.00 Gold today rose sharply after the price broke through the key resistance level 2050.00 (which has been reversing the price from the start of.

– CADJPY reversed from key support level 110.30 – Likely to rise to resistance level 112.00 CADJPY currency pair recently reversed up from the key support level 110.30 (former strong resistance from January). The support level 110.30 was strengthened by.

– USDJPY reversed from resistance level 151.35 – Likely to fall to support level 147.90 USDJPY currency pair recently reversed down from the powerful long-term resistance level 151.35 (previous yearly high from 2022 and 2023). The downward reversal from the.

– S&P 500 reversed from key support level 5050.00 – Likely to rise to resistance level 5115.00 S&P 500 index recently reversed up from the key support level 5050.00 (former resistance from the start of February, which stopped the previous.

Mixed PMI data from various Euro area countries led to a surge in volatility for European currency pairs on Thursday morning.  Preliminary estimates for France surprised with their strength. The manufacturing PMI jumped from 43.1 to 46.8 (43.5 expected). The.

– AUDJPY broke long-term resistance level 98.40 – Likely to rise to resistance level 100.00 AUDJPY currency pair recently broke the major long-term resistance level 98.40 (previous yearly high from 2022 and 2023). The breakout of the resistance level 98.40.

– USDCAD reversed from resistance level 1.3530 – Likely to fall to support level 1.3400 USDCAD currency pair recently reversed down from the pivotal resistance level 1.3530 (which has been repeatedly reversing the pair from the middle of January). The.

– CHFJPY reversed from support level 169.65 – Likely to rise to resistance level 171.45 CHFJPY currency pair recently reversed up from the key support level 169.65 (lower boundary of the narrow sideways price range inside which the pair has.

– S&P 500 reversed from resistance level 5035.00 – Likely to fall to support level 4920.00 S&P 500 index recently reversed down from the pivotal resistance level 5035.00 (which stopped the previous minor impulse wave iii at the start of.

– WTI crude oil reversed from resistance level 78.20 – Likely to fall to support level 76.00 WTI crude oil recently reversed down from the key resistance level 78.20 (former support from August, which has been reversing the price from.

– EURJPY broke resistance level 161.80 – Likely to rise to resistance level 164.00 EURJPY currency pair continues to rise steadily after the price broke the resistance level 161.80 (which stopped the previous minor impulse wave 1 in the middle.

GBPAUD currency pair recently reversed down from the resistance level 1.9400 (which has been repeatedly reversing the pair from the middle of January). The downward reversal from the resistance level 1.9400 created the 3rd consecutive candlesticks reversal pattern Bearish Engulfing..