Technical analysis - Page 159

– Alcoa reversed from support level 34.00 ,- Likely to rise to resistance level 34.80 Alcoa recently reversed up with the daily Hammer from the pivotal support level 34.00, which stopped the previous sharp downtrend in May as can be seen below..

     – AUDCAD rising inside minor correction 2 – Likely to rise to resistance level 0.9000 AUDCAD currency pair continues to rise strongly inside the minor correction 2, which started earlier from the key support level 0.8800. The pair formed.

  – EURUSD reversed up support level 1.0850 – Likely to rise to resistance level 1.1000 EURUSD currency pair recently reversed up from the support level 1.0850 , which stopped the previous impulse wave (1) earlier this month. The support.

– Dow Jones reversed from powerful resistance level 34370.00 – Likely to fall to support level 33655.00 Dow Jones index recently reversed down from the powerful resistance level 34370.00, which has been repeatedly reversing the index from last November The.

     – GBPCAD broke sideways price range – Likely to rise to resistance level 1.7140 GBPCAD currency pair recently broke out of the narrow sideways price range inside which the pair has been trading from the start of May. The.

– USDCAD broke resistance level 1.3300 – Likely to rise to resistance level 1.3400 USDCAD currency pair continues to rise inside the minor impulse wave 1, which recently broke the resistance level 1.3300 (which has been reversing the pair from.

   – NZDCAD broke accelerated down channel – Likely to rise to resistance level 0.8300 NZDCAD currency pair continues to rise inside the minor impulse wave 1,which started earlier with the daily Morning Star from the key support level 0.8066..

  – EURGBP falling inside wave (ii) – Likely to reach support level 0.8515 EURGBP currency pair continues to fall inside the minor corrective wave (ii), which started earlier from the key resistance level 0.8635 . The active corrective wave.

    – WTI crude oil broke daily Triangle – Likely to rise to resistance level 72.80 WTI crude oil recently broke the resistance trendline of the daily Triangle from the end of May. The breakout of this resistance zone this.

– NZDJPY broke resistance zone – Likely to rise to resistance level 91.00 NZDJPY currency pair rising steadily after the earlier breakout of the resistance zone located between the resistance level 89.00 and the resistance trendline of the daily up.

Market picture The crypto market cap rose 0.4% over the past 24 hours to $1.21 trillion, peaking at $1.22 trillion, to the highest since April. Bitcoin’s dominance remains nearly 50%, the highest since 2021. This uptrend was formed late last.

   – Coca-Cola reversed from support zone – Likely to rise to resistance level 61.30 Coca-Cola recently reversed up from the support zone surrounding the strong support level 59.50 (which has stopped multiple waves from January) strengthened by the lower.